Non-Classical Expected Utility Theory
classification
⚛️ physics.soc-ph
keywords
expectednon-classicaltheoryutilityaxiomsclassicalcorrespondingdecision-making
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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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