Non-Classical Expected Utility Theory

Details Non-Classical Expected Utility Theory Non-Classical Expected Utility Theory

2006-06-06

arxiv.org/abs/physics/0606056v1

Physics

Physics and Society

17 pages, 6 figures

Scientific paper

In this paper we extend Savage's theory of decision-making under uncertainty
from a classical environment into a non-classical one. We formulate the
corresponding axioms and provide representation theorems for qualitative
measures and expected utility.

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