Browsing by Author "Aczel Janos"

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Browsing by Author "Aczel Janos"

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  • Utility of gambling I: Entropy-modified linear weighted utility 
    Luce R; Ng C; Marley Anthony; Aczel Janos (Springer-Verlag, 2008)
    Behavioral axioms about preference orderings among gambles and their joint receipt lead to numerical representations consisting of a subjective utility term plus a term depending upon the events and the subjective weights. ...
  • Utility of gambling II: Entropy-modified linear weighted utility 
    Luce R; Ng C; Marley Anthony; Aczel Janos (Springer-Verlag, 2008)
    We specialize our results on entropy-modified representations of event-based gambles to representations of probability-based gambles by assuming an implicit event structure underlying the probabilities, and adding assumptions ...