Understanding Expected Utility for Decision Making

作     者：Somdeb Lahiri 

作者机构：LJ UniversityAhmedabadIndia 

出 版 物：《Management Studies》 (管理研究（英文版）)

年 卷 期：2023年第11卷第2期

页      面：93-104页

学科分类：07[理学] 0701[理学-数学] 070101[理学-基础数学] 

主　　题：subjective probability uncertain prospects expected utility of monetary gains 

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 *** a final section,we take up the case of some“Paradoxes in Expected Utility Theoryand try to reconcile them with the help of subjective probabilities.