A theory of anticipated utility
Journal of Economic Behavior & OrganizationPublished 1 December 1982
John Quiggin
Citations3,155
SJR quartileQ1
SJR score1.44
SNIP1.31
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Abstract
A new theory of cardinal utility, with an associated set of axioms, is presented. It is a generalization of the von Neumann-Morgenstern expected utility theory, which permits the analysis of phenomena associated with the distortion of subjective probability.
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Computer ScienceDecision SciencesEconomics, Econometrics and Finance
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