Understanding Expected Utility for Decision Making  

作　　者：Somdeb Lahiri 

机构地区：[1]LJ University,Ahmedabad,India

出　　处：《Management Studies》2023年第2期93-104,共12页管理研究（英文版）

摘　　要：In this paper,we present a brief version of de Finetti-Ramsey’s subjective probability theory and provide a rigorous yet intuitively plausible explanation of expected utility using elementary mathematics.In a final section,we take up the case of some“Paradoxes in Expected Utility Theory”and try to reconcile them with the help of subjective probabilities.

关 键 词：subjective probability uncertain prospects expected utility of monetary gains 

分 类 号：O17[理学—数学]