Utility Theories: Measurements and Applications:
The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989. The all-star cast of attendees are listed as authors in the Table of Contents of this book (see p. V), except for Soo Hong Chew and Amos T...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Dordrecht
Springer Netherlands
1992
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| Ausgabe: | 1st ed. 1992 |
| Schriftenreihe: | Studies in Risk and Uncertainty
3 |
| Schlagworte: | |
| Online-Zugang: | BTU01 Volltext |
| Zusammenfassung: | The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989. The all-star cast of attendees are listed as authors in the Table of Contents of this book (see p. V), except for Soo Hong Chew and Amos Tversky. The purpose of the conference, and of National Science Foundation Grant No. SES-8823012 that supported it, was to confront proponents of new generalized theories of utility with leading decision analysts com mitted to the implementation, in practice, of the more traditional theory that these new theories reject. That traditional model is variously iden tified in this book as expected utility or subjectively expected utility maximization (EU or SEU for short) and variously attributed to von Neumann and Morgenstern or Savage. I had feared that the conference might consist of an acrimonious debate between Olympian normative theorists uninterested in what people actually do and behavioral modelers obsessed with the cognitive illusions and uninterested in helping people to make wise decisions. I was entirely wrong. The conferees, in two dramatic straw votes at the open ing session, unanimously endorsed traditional SEU as the appropriate normative model and unanimously agreed that people don't act as that model requires. (These votes had a profound impact on my thinking; detail about them and about that impact is located in Chapter 10 |
| Beschreibung: | 1 Online-Ressource (XV, 300 p) |
| ISBN: | 9789401129527 |
| DOI: | 10.1007/978-94-011-2952-7 |
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| spelling | Utility Theories: Measurements and Applications edited by Ward Edwards 1st ed. 1992 Dordrecht Springer Netherlands 1992 1 Online-Ressource (XV, 300 p) txt rdacontent c rdamedia cr rdacarrier Studies in Risk and Uncertainty 3 The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989. The all-star cast of attendees are listed as authors in the Table of Contents of this book (see p. V), except for Soo Hong Chew and Amos Tversky. The purpose of the conference, and of National Science Foundation Grant No. SES-8823012 that supported it, was to confront proponents of new generalized theories of utility with leading decision analysts com mitted to the implementation, in practice, of the more traditional theory that these new theories reject. That traditional model is variously iden tified in this book as expected utility or subjectively expected utility maximization (EU or SEU for short) and variously attributed to von Neumann and Morgenstern or Savage. I had feared that the conference might consist of an acrimonious debate between Olympian normative theorists uninterested in what people actually do and behavioral modelers obsessed with the cognitive illusions and uninterested in helping people to make wise decisions. I was entirely wrong. The conferees, in two dramatic straw votes at the open ing session, unanimously endorsed traditional SEU as the appropriate normative model and unanimously agreed that people don't act as that model requires. (These votes had a profound impact on my thinking; detail about them and about that impact is located in Chapter 10 Economic Theory/Quantitative Economics/Mathematical Methods Microeconomics Operations Research/Decision Theory Economic theory Operations research Decision making Nutzentheorie (DE-588)4131868-7 gnd rswk-swf Entscheidungstheorie (DE-588)4138606-1 gnd rswk-swf (DE-588)1071861417 Konferenzschrift 1989 Santa Cruz Calif. gnd-content (DE-588)4143413-4 Aufsatzsammlung gnd-content Nutzentheorie (DE-588)4131868-7 s Entscheidungstheorie (DE-588)4138606-1 s DE-604 Edwards, Ward edt Erscheint auch als Druck-Ausgabe 9780792392279 Erscheint auch als Druck-Ausgabe 9780792392262 Erscheint auch als Druck-Ausgabe 9789401129534 https://doi.org/10.1007/978-94-011-2952-7 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Utility Theories: Measurements and Applications Economic Theory/Quantitative Economics/Mathematical Methods Microeconomics Operations Research/Decision Theory Economic theory Operations research Decision making Nutzentheorie (DE-588)4131868-7 gnd Entscheidungstheorie (DE-588)4138606-1 gnd |
| subject_GND | (DE-588)4131868-7 (DE-588)4138606-1 (DE-588)1071861417 (DE-588)4143413-4 |
| title | Utility Theories: Measurements and Applications |
| title_auth | Utility Theories: Measurements and Applications |
| title_exact_search | Utility Theories: Measurements and Applications |
| title_exact_search_txtP | Utility Theories: Measurements and Applications |
| title_full | Utility Theories: Measurements and Applications edited by Ward Edwards |
| title_fullStr | Utility Theories: Measurements and Applications edited by Ward Edwards |
| title_full_unstemmed | Utility Theories: Measurements and Applications edited by Ward Edwards |
| title_short | Utility Theories: Measurements and Applications |
| title_sort | utility theories measurements and applications |
| topic | Economic Theory/Quantitative Economics/Mathematical Methods Microeconomics Operations Research/Decision Theory Economic theory Operations research Decision making Nutzentheorie (DE-588)4131868-7 gnd Entscheidungstheorie (DE-588)4138606-1 gnd |
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