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Utility of Gains and Losses: Measurement-Theoretical and Experimental Approaches

4/5 ( ratings)

This new monograph presents Dr. Luce's current understanding of the behavioral properties people exhibit when they make selections among alternatives and how these properties lead to numerical representations of those preferences. It summarizes, and places in historical perspective, the research Dr. Luce has done on utility theory for over 10 years. Included are axiomatic theoretical formulations, experiments designed to test individual assumptions, and analyses of the fit to bodies of data of numerical representations derived from the theory.

Pages: 344

Format: ebook

ISBN: 6612596066

ISBN 13: 9786612596063

Utility of Gains and Losses: Measurement-Theoretical and Experimental Approaches

4/5 ( ratings)

This new monograph presents Dr. Luce's current understanding of the behavioral properties people exhibit when they make selections among alternatives and how these properties lead to numerical representations of those preferences. It summarizes, and places in historical perspective, the research Dr. Luce has done on utility theory for over 10 years. Included are axiomatic theoretical formulations, experiments designed to test individual assumptions, and analyses of the fit to bodies of data of numerical representations derived from the theory.

Pages: 344

Format: ebook

ISBN: 6612596066

ISBN 13: 9786612596063

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