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Boundedly rational expected utility theory

We build a satisficing model of choice under risk which embeds Expected Utility Theory (EUT) into a boundedly rational deliberation process. The decision maker accumulates evidence for and against alternative options by repeatedly sampling from her underlying set of EU preferences until the evidence...

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Detalles Bibliográficos
Autores principales: Navarro-Martinez, Daniel, Loomes, Graham, Isoni, Andrea, Butler, David, Alaoui, Larbi
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2018
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6383980/
https://www.ncbi.nlm.nih.gov/pubmed/30872896
http://dx.doi.org/10.1007/s11166-018-9293-3