Evaluating gambles using dynamics
نویسندگان
چکیده
منابع مشابه
Evaluating gambles using dynamics.
Gambles are random variables that model possible changes in wealth. Classic decision theory transforms money into utility through a utility function and defines the value of a gamble as the expectation value of utility changes. Utility functions aim to capture individual psychological characteristics, but their generality limits predictive power. Expectation value maximizers are defined as rati...
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ژورنال
عنوان ژورنال: Chaos: An Interdisciplinary Journal of Nonlinear Science
سال: 2016
ISSN: 1054-1500,1089-7682
DOI: 10.1063/1.4940236