Journal articles on the topic 'Utility theory'

To see the other types of publications on this topic, follow the link: Utility theory.

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 journal articles for your research on the topic 'Utility theory.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.

1

Vargas, L. G. "Priority theory and utility theory." Mathematical Modelling 9, no. 3-5 (1987): 381–85. http://dx.doi.org/10.1016/0270-0255(87)90496-9.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Narens, Louis. "Multimode utility theory." Journal of Mathematical Psychology 75 (December 2016): 42–58. http://dx.doi.org/10.1016/j.jmp.2016.02.003.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Juster, F. Thomas. "Rethinking utility theory." Journal of Behavioral Economics 19, no. 2 (June 1990): 155–79. http://dx.doi.org/10.1016/0090-5720(90)90009-v.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Liu, Peide, Sepehr Hendiani, Morteza Bagherpour, Seyed Farid Ghannadpour, and Amin Mahmoudi. "Utility-Numbers Theory." IEEE Access 7 (2019): 56994–7008. http://dx.doi.org/10.1109/access.2019.2912922.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Nozick, Robert. "Interpersonal utility theory." Social Choice and Welfare 2, no. 3 (December 1985): 161–79. http://dx.doi.org/10.1007/bf00433527.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Miyamoto, John M., and Peter Wakker. "Multiattribute Utility Theory Without Expected Utility Foundations." Operations Research 44, no. 2 (April 1996): 313–26. http://dx.doi.org/10.1287/opre.44.2.313.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Miyamoto, John M. "Generic utility theory: Measurement foundations and applications in multiattribute utility theory." Journal of Mathematical Psychology 32, no. 4 (December 1988): 357–404. http://dx.doi.org/10.1016/0022-2496(88)90019-3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

NARUKAWA, Yasuo. "Nonlinear Utility Theory/Cumurative Prospect Theory." Journal of Japan Society for Fuzzy Theory and Intelligent Informatics 16, no. 4 (2004): 296–302. http://dx.doi.org/10.3156/jsoft.16.296.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Gilboa, Itzhak, and David Schmeidler. "Cumulative Utility Consumer Theory." International Economic Review 38, no. 4 (November 1997): 737. http://dx.doi.org/10.2307/2527213.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Ebenstein, Lanny. "Mill's Theory of Utility." Philosophy 60, no. 234 (October 1985): 539–43. http://dx.doi.org/10.1017/s0031819100042571.

Full text
APA, Harvard, Vancouver, ISO, and other styles
11

Frisch, Deborah. "Consequentialism and utility theory." Behavioral and Brain Sciences 17, no. 1 (March 1994): 16. http://dx.doi.org/10.1017/s0140525x00033094.

Full text
APA, Harvard, Vancouver, ISO, and other styles
12

Blavatskyy, Pavlo R. "Stochastic expected utility theory." Journal of Risk and Uncertainty 34, no. 3 (May 19, 2007): 259–86. http://dx.doi.org/10.1007/s11166-007-9009-6.

Full text
APA, Harvard, Vancouver, ISO, and other styles
13

MacLean, Leonard C., and W. T. Ziemba. "Primer on Utility Theory." Wilmott 2015, no. 80 (November 2015): 22–29. http://dx.doi.org/10.1002/wilm.10458.

Full text
APA, Harvard, Vancouver, ISO, and other styles
14

Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutström. "MULTIATTRIBUTE UTILITY THEORY, INTERTEMPORAL UTILITY, AND CORRELATION AVERSION." International Economic Review 59, no. 2 (May 2018): 537–55. http://dx.doi.org/10.1111/iere.12279.

Full text
APA, Harvard, Vancouver, ISO, and other styles
15

GC, A. "Utility of Sacrifices: Reorientation of the Utility Theory." Review of Business and Economics Studies 11, no. 2 (July 27, 2023): 67–72. http://dx.doi.org/10.26794/2308-944x-2023-11-2-67-72.

Full text
Abstract:
Utility theory is a pivotal concept in economics that provides insights into how an individual is motivated to act under budget constraints. The main assumption of this theory and the entire field of economics is that a rational human being and an individual derive utility from the consumption of goods and services under given budget constraints.The aim of this article is to explore these fundamental assumptions and introduce a new theoretical framework for deriving utility, which is termed the “utility of sacrifices”.Various methods were employed in the study, including a review of existing literature, an analysis of prevailing theories, and observations in real-world scenarios.The results show that, through observations, a “rational” human being derives utility from both consumption and voluntary sacrifices.Therefore, in conclusion, it is proposed that the total utility of an individual is the sum of these two components. This theoretical framework provides a more comprehensive understanding of human decision-making and behavior in economics. It also provides novel insights for future research and applications in economics.
APA, Harvard, Vancouver, ISO, and other styles
16

Smith, SP, and K. Hammond. "Portfolio theory, utility theory and mate selection." Genetics Selection Evolution 19, no. 3 (1987): 321. http://dx.doi.org/10.1186/1297-9686-19-3-321.

Full text
APA, Harvard, Vancouver, ISO, and other styles
17

Danilov, V. I. "Utility Theory of General Lotteries." Journal of the New Economic Association 32, no. 4 (2016): 12–29. http://dx.doi.org/10.31737/2221-2264-2016-32-4-1.

Full text
APA, Harvard, Vancouver, ISO, and other styles
18

Han, Sang-Eon, and Sik Lee. "UTILITY OF DIGITAL COVERING THEORY." Honam Mathematical Journal 36, no. 3 (September 25, 2014): 695–706. http://dx.doi.org/10.5831/hmj.2014.36.3.695.

Full text
APA, Harvard, Vancouver, ISO, and other styles
19

Loomes, Graham, and Peter C. Fishburn. "Nonlinear Preference and Utility Theory." Economica 56, no. 224 (November 1989): 537. http://dx.doi.org/10.2307/2554336.

Full text
APA, Harvard, Vancouver, ISO, and other styles
20

Sugden, Robert, and Peter C. Fishburn. "Nonlinear Preference and Utility Theory." Economic Journal 99, no. 398 (December 1989): 1191. http://dx.doi.org/10.2307/2234100.

Full text
APA, Harvard, Vancouver, ISO, and other styles
21

Hara, Kazuhiro, Efe A. Ok, and Gil Riella. "Coalitional Expected Multi‐Utility Theory." Econometrica 87, no. 3 (2019): 933–80. http://dx.doi.org/10.3982/ecta14156.

Full text
Abstract:
This paper begins by observing that any reflexive binary (preference) relation (over risky prospects) that satisfies the independence axiom admits a form of expected utility representation. We refer to this representation notion as the coalitional minmax expected utility representation. By adding the remaining properties of the expected utility theorem, namely, continuity, completeness, and transitivity, one by one, we find how this representation gets sharper and sharper, thereby deducing the versions of this classical theorem in which any combination of these properties is dropped from its statement. This approach also allows us to weaken transitivity in this theorem, rather than eliminate it entirely, say, to quasitransitivity or acyclicity. Apart from providing a unified dissection of the expected utility theorem, these results are relevant for the growing literature on boundedly rational choice in which revealed preference relations often lack the properties of completeness and/or transitivity (but often satisfy the independence axiom). They are also especially suitable for the (yet overlooked) case in which the decision‐maker is made up of distinct individuals and, consequently, transitivity is routinely violated. Finally, and perhaps more importantly, we show that our representation theorems allow us to answer many economic questions that are posed in terms of nontransitive/incomplete preferences, say, about the maximization of preferences, the existence of Nash equilibrium, the preference for portfolio diversification, and the possibility of the preference reversal phenomenon.
APA, Harvard, Vancouver, ISO, and other styles
22

Gowdy, John M. "Utility Theory and Agrarian Societies." International Journal of Social Economics 12, no. 6/7 (June 1985): 104–17. http://dx.doi.org/10.1108/eb013999.

Full text
APA, Harvard, Vancouver, ISO, and other styles
23

Herzberg, Frederik. "Elementary non-Archimedean utility theory." Mathematical Social Sciences 58, no. 1 (July 2009): 8–14. http://dx.doi.org/10.1016/j.mathsocsci.2008.12.009.

Full text
APA, Harvard, Vancouver, ISO, and other styles
24

Sycara, Katia. "Utility theory in conflict resolution." Annals of Operations Research 12, no. 1 (December 1988): 65–83. http://dx.doi.org/10.1007/bf02186361.

Full text
APA, Harvard, Vancouver, ISO, and other styles
25

Trapp, Rainer W. "Utility theory and preference logic." Erkenntnis 22, no. 1-3 (January 1985): 301–39. http://dx.doi.org/10.1007/bf00269972.

Full text
APA, Harvard, Vancouver, ISO, and other styles
26

Arthur, Alex. "A Utility Theory of `Truth'." Organization 10, no. 2 (May 2003): 205–21. http://dx.doi.org/10.1177/1350508403010002002.

Full text
APA, Harvard, Vancouver, ISO, and other styles
27

Navarro-Martinez, Daniel, Graham Loomes, Andrea Isoni, David Butler, and Larbi Alaoui. "Boundedly rational expected utility theory." Journal of Risk and Uncertainty 57, no. 3 (December 2018): 199–223. http://dx.doi.org/10.1007/s11166-018-9293-3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
28

Bleichrodt, Han, Ulrich Schmidt, and Horst Zank. "Additive Utility in Prospect Theory." Management Science 55, no. 5 (May 2009): 863–73. http://dx.doi.org/10.1287/mnsc.1080.0978.

Full text
APA, Harvard, Vancouver, ISO, and other styles
29

Liu, Liping, and Prakash P. Shenoy. "A theory of coarse utility." Journal of Risk and Uncertainty 11, no. 1 (July 1995): 17–49. http://dx.doi.org/10.1007/bf01132729.

Full text
APA, Harvard, Vancouver, ISO, and other styles
30

Liu, L. "A theory of coarse utility." Insurance: Mathematics and Economics 17, no. 3 (April 1996): 244. http://dx.doi.org/10.1016/0167-6687(96)82407-3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
31

Liu, Pai. "Decision-making and Utility Theory." Advances in Economics, Management and Political Sciences 26, no. 1 (September 13, 2023): 313–21. http://dx.doi.org/10.54254/2754-1169/26/20230590.

Full text
Abstract:
Decision-making is a process that would affect people's lives from simple daily decisions even to major life decisions. The understanding of judgment is critical for making better decisions as well as improving individual and collective outcomes. This paper would focus on historical decision theory, utility theory, prospective theory, and their applications in real life. The utility theory of the decision-making theory is a crucial part of the decision-making theories, as well as the prospect theory in the later paper. According to prospect theory and utility theory, people would make decisions based on the relative importance of the options' predicted values, and biases and heuristics would influence their choices. Both theories have applications in many fields such as economics, psychology, and medicine. They are used to form models and predict consumer behavior or financial decisions. Peoples lives are strongly associated with different decision makings, from simple to complex. The decision-making process is essential to human existence and fully connect to humans. By figuring out the decision-making processes, people can identify the factors that would influence the choices and make adjustments based on them. The application of the theories could be more practical. Thus, it is crucial to analyze or quantify it for more stable and reasonable choice-making.
APA, Harvard, Vancouver, ISO, and other styles
32

Gazioğlu, Şaziye, and Nilifer Çalışkan. "Cumulative prospect theory challenges traditional expected utility theory." Applied Financial Economics 21, no. 21 (July 11, 2011): 1581–86. http://dx.doi.org/10.1080/09603107.2011.583393.

Full text
APA, Harvard, Vancouver, ISO, and other styles
33

Borie, Dino. "Expected utility theory with non-commutative probability theory." Journal of Economic Interaction and Coordination 8, no. 2 (July 21, 2012): 295–315. http://dx.doi.org/10.1007/s11403-012-0098-1.

Full text
APA, Harvard, Vancouver, ISO, and other styles
34

Read, Daniel. "Experienced utility: Utility theory from Jeremy Bentham to Daniel Kahneman." Thinking & Reasoning 13, no. 1 (February 2007): 45–61. http://dx.doi.org/10.1080/13546780600872627.

Full text
APA, Harvard, Vancouver, ISO, and other styles
35

COX, ALEXANDER M. G., DAVID HOBSON, and JAN OBłÓJ. "UTILITY THEORY FRONT TO BACK — INFERRING UTILITY FROM AGENTS' CHOICES." International Journal of Theoretical and Applied Finance 17, no. 03 (May 2014): 1450018. http://dx.doi.org/10.1142/s0219024914500186.

Full text
Abstract:
We pursue an inverse approach to utility theory and associated consumption and investment problems. Instead of specifying a utility function and deriving the actions of an agent, we assume that we observe the actions of the agent (i.e. consumption and investment strategies) and ask if it is possible to derive a utility function for which the observed behavior is optimal. We work in continuous time both in a deterministic and stochastic setting. In the deterministic setup, we find that there are infinitely many utility functions generating a given consumption pattern. In the stochastic setting of a geometric Brownian motion market it turns out that the consumption and investment strategies have to satisfy a consistency condition (PDE) if they are to come from a classical utility maximization problem. We show further that important characteristics of the agent such as risk attitudes (e.g., DARA) can be deduced directly from the agent's consumption and investment choices.
APA, Harvard, Vancouver, ISO, and other styles
36

Kim, Hye-Sun, Yeong-Bae Choe, and Joo-A. Baek. "Do Sport Tourists Always Maximize Their Utility? Application of Random Utility Theory and Regret Theory." Journal of MICE & Tourism Research 20, no. 4 (December 31, 2020): 141–59. http://dx.doi.org/10.35176/jmtr.20.4.8.

Full text
APA, Harvard, Vancouver, ISO, and other styles
37

SUMNER, L. W. "Utility and Capability." Utilitas 18, no. 1 (February 16, 2006): 1–19. http://dx.doi.org/10.1017/s0953820805001792.

Full text
Abstract:
When Amartya Sen defends his capability theory of well-being he contrasts it with the utility theory advocated by the classical utilitarians, including John Stuart Mill. Yet a closer examination of the two theories reveals that they are much more similar than they appear. Each theory can be interpreted in either a subjective or an objective way. When both are interpreted subjectively the differences between them are slight, and likewise for the objective interpretations. Finally, whatever differences may remain are less important than they might seem, since the two theories are developed by Sen and Mill for different purposes and are in that sense not genuine rivals.
APA, Harvard, Vancouver, ISO, and other styles
38

Gurung, Lina. "Feminist Standpoint Theory: Conceptualization and Utility." Dhaulagiri Journal of Sociology and Anthropology 14 (December 30, 2020): 106–15. http://dx.doi.org/10.3126/dsaj.v14i0.27357.

Full text
Abstract:
Feminist Standpoint theory challenges the notion of conventional scientific practices that had excluded women from the inquiry and marginalize them in every aspect of knowledge benefits and construction. Amidst the prevalent controversies, standpoint theorists have proposed alternative knowledge construction with the theses of ‘strong objectivity’, ‘situated knowledge’, ‘epistemic advantage’, and ‘power relations’. Feminist standpoint theory is claimed to be a successful methodology and the author support this argument based on the four reasons; the logic of discovery, insider-outsider position, study up, and methodological innovation. The author also put forwards the various challenges confronted by feminist standpoint theory and the justification given by the theorists. The cognitive, methodological, and epistemological interrogations toward this theory have widened its scope and adoption in social science research. The paper aims to suggest this analysis as the most suitable analytical and theoretical approach to do feminist inquiry which brings the understanding of feminist epistemologies as the most appropriate alternative approach of recent inquires against the dominant practices.
APA, Harvard, Vancouver, ISO, and other styles
39

Riddington, Geoff, O. Hagen, and F. Wenstrop. "Progress in Utility and Risk Theory." Journal of the Operational Research Society 36, no. 5 (May 1985): 456. http://dx.doi.org/10.2307/2582889.

Full text
APA, Harvard, Vancouver, ISO, and other styles
40

Karni, Edi, and Nan Zhou. "Weighted utility theory with incomplete preferences." Mathematical Social Sciences 113 (September 2021): 116–35. http://dx.doi.org/10.1016/j.mathsocsci.2021.05.005.

Full text
APA, Harvard, Vancouver, ISO, and other styles
41

Bartl, Daniel, Michael Kupper, and Ariel Neufeld. "Duality theory for robust utility maximisation." Finance and Stochastics 25, no. 3 (June 14, 2021): 469–503. http://dx.doi.org/10.1007/s00780-021-00455-6.

Full text
APA, Harvard, Vancouver, ISO, and other styles
42

Kultgen, John. "The Utility of Social Contract Theory." Southwest Philosophy Review 2 (1985): 95–104. http://dx.doi.org/10.5840/swphilreview198529.

Full text
APA, Harvard, Vancouver, ISO, and other styles
43

Armendt, Brad. "Dutch Books, Additivity, and Utility Theory." Philosophical Topics 21, no. 1 (1993): 1–20. http://dx.doi.org/10.5840/philtopics19932111.

Full text
APA, Harvard, Vancouver, ISO, and other styles
44

Piney, Crispin. "Applying Utility Theory to Risk Management." Project Management Journal 34, no. 3 (September 2003): 26–31. http://dx.doi.org/10.1177/875697280303400304.

Full text
APA, Harvard, Vancouver, ISO, and other styles
45

Marzouk, M. "Utility theory model for equipment selection." Construction Innovation 6, no. 1 (March 2006): 21–32. http://dx.doi.org/10.1108/14714170610710631.

Full text
APA, Harvard, Vancouver, ISO, and other styles
46

Gurung, Lina. "Feminist Standpoint Theory: Conceptualization and Utility." Dhaulagiri Journal of Sociology and Anthropology 14 (December 30, 2020): 106–15. http://dx.doi.org/10.3126/dsaj.v14i0.27357.

Full text
Abstract:
Feminist Standpoint theory challenges the notion of conventional scientific practices that had excluded women from the inquiry and marginalize them in every aspect of knowledge benefits and construction. Amidst the prevalent controversies, standpoint theorists have proposed alternative knowledge construction with the theses of ‘strong objectivity’, ‘situated knowledge’, ‘epistemic advantage’, and ‘power relations’. Feminist standpoint theory is claimed to be a successful methodology and the author support this argument based on the four reasons; the logic of discovery, insider-outsider position, study up, and methodological innovation. The author also put forwards the various challenges confronted by feminist standpoint theory and the justification given by the theorists. The cognitive, methodological, and epistemological interrogations toward this theory have widened its scope and adoption in social science research. The paper aims to suggest this analysis as the most suitable analytical and theoretical approach to do feminist inquiry which brings the understanding of feminist epistemologies as the most appropriate alternative approach of recent inquires against the dominant practices.
APA, Harvard, Vancouver, ISO, and other styles
47

Bell, David E., and Peter H. Farquhar. "OR Forum—Perspectives on Utility Theory." Operations Research 34, no. 1 (February 1986): 179–83. http://dx.doi.org/10.1287/opre.34.1.179.

Full text
APA, Harvard, Vancouver, ISO, and other styles
48

Delforce, Robert J., and J. Brian Hardaker. "AN EXPERIMENT IN MULTIATTRIBUTE UTILITY THEORY." Australian Journal of Agricultural Economics 29, no. 3 (December 1985): 179–98. http://dx.doi.org/10.1111/j.1467-8489.1985.tb00443.x.

Full text
APA, Harvard, Vancouver, ISO, and other styles
49

Dror, Moshe, Daniel Granot, and Malcah Yaeger-Dror. "Speech Variation, Utility, and Game Theory." Language and Linguistics Compass 7, no. 11 (November 2013): 561–79. http://dx.doi.org/10.1111/lnc3.12045.

Full text
APA, Harvard, Vancouver, ISO, and other styles
50

Syll, L. P. "Myrdal's Immanent Critique of Utility Theory." History of Political Economy 30, no. 3 (September 1, 1998): 413–26. http://dx.doi.org/10.1215/00182702-30-3-413.

Full text
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography