Utility of gains and losses : measurement-theoretical, and experimental approaches / R. Duncan Luce.

Format:

Book

Author/Creator:

Luce, R. Duncan (Robert Duncan)

Series:

Scientific psychology series.

Scientific psychology series

Language:

English

Subjects (All):

Utility theory--Mathematical models.

Utility theory.

Cost effectiveness--Mathematical models.

Cost effectiveness.

Decision making--Mathematical models.

Decision making.

Physical Description:

1 online resource (344 p.)

Place of Publication:

Mahwah, NJ ; London : Lawurence Erlbaum, c2000.

Language Note:

English

Summary:

This new monograph presents Dr. Luce's current understanding of the behavioral properties people exhibit (or should exhibit) when they make selections among alternatives and how these properties lead to numerical representations of those preferences. It summarizes, and places in historical perspective, the research Dr. Luce has done on utility theory for over 10 years. Included are axiomatic theoretical formulations, experiments designed to test individual assumptions, and analyses of the fit to bodies of data of numerical representations derived from the theory.

Contents:

Book Cover; Title; Copyright; Contents; Preface; Chapter 1 Introduction; Chapter 2 Basic Assumptions; Chapter 3 Binary Gambles of Gains; Chapter 4 Joint Receipt of Gains; Chapter 5 General Gambles of Gains; Chapter 6 Additive Utility Over Mixed Consequences; Chapter 7 Additive Value Over Mixed Consequences; Chapter 8 Concluding Comments; Appendices; Appendix A Summary of Notations; Appendix B Basic Behavioral Assumptions; Appendix C PEST Procedure; Appendix D Additive Conjoint Measurement; Appendix E Major Definitions; References; Author Index; Subject Index

Notes:

"First Published by Lawrence Erlbaum Associates, Inc., Publishers"--T.p. verso.

Includes bibliographical references (p. 301-319) and indexes.

ISBN:

1-135-66270-3

1-135-66271-1

1-282-59606-3

9786612596063

1-4106-0283-4

0-585-25070-7

9781410602831

OCLC:

609863249