This paper studies two models of rational behavior under uncertainty whose predictions are invariant under ordinal transformations of utility. The 'quantile utility' model assumes that the agent maximizes some quantile of the distribution of utility. The 'utility mass' model assumes maximization of
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On some ordinal models for decision making under
β Scribed by Denis Bouyssou; Marc Pirlot
- Publisher
- Springer US
- Year
- 2008
- Tongue
- English
- Weight
- 599 KB
- Volume
- 163
- Category
- Article
- ISSN
- 0254-5330
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