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| Author: | Pope, R. |
| Title: | Reconciliation with the utility of chance by elaborated outcomes destroys the axiomatic basis of expected utility theory |
| Journal: | Theory and Decision
2000 : NOV, VOL. 49:3, p. 223-234 |
| Index terms: | Utility theory Decision making Risk |
| Language: | eng |
| Abstract: | The utility of chance is the phenomenon that very often decision makers taling risky choices derive satisfaction or dissatisfaction not only from the events the choice is about, but also directly from the riskiness of the situation. |
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