An Alternative Subjective Expected Utility Representation Theorem

2012 ◽  
Author(s):  
Christoph Kuzmics
Keyword(s):  
Expected Utility ◽  
Representation Theorem ◽  
Subjective Expected Utility ◽  
Utility Representation

scholarly journals Quantum-like model of subjective expected utility

2018 ◽  
Vol 78 ◽  
pp. 150-162 ◽  
Author(s):  
Irina Basieva ◽  
Polina Khrennikova ◽  
Emmanuel M. Pothos ◽  
Masanari Asano ◽  
Andrei Khrennikov
Keyword(s):  
Expected Utility ◽  
Subjective Expected Utility

Product Utilitarianism and an Old-New Way to Measure Utility

2020 ◽  
pp. 145-159
Author(s):  
Louis Narens ◽  
Brian Skyrms
Keyword(s):  
Expected Utility ◽  
Representation Theorem ◽  
The Other ◽  
Pareto Dominance ◽  
Interpersonal Comparisons

A theory of hedonic episodes is given. A representation theorem is given, which measures utility on a ratio scale.For aggregation of pleasures for a group, the product of individual utilities is meaningful without interpersonal comparisons. Common “counterexamples” to Utilitarianism turn out not to be meaningful. There are two distinct kinds of group expected utility: one violates group rationality, the other violates Pareto dominance.

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