On subjective expected value under ambiguity

Jirousek, R; Kratochvil, V

Jirousek, R (corresponding author), Univ Econ, Fac Management, Jindrichuv Hradec, Czech Republic.; Jirousek, R (corresponding author), Czech Acad Sci, Inst Informat Theory & Automat, Prague, Czech Republic.

INTERNATIONAL JOURNAL OF APPROXIMATE REASONING, 2020; 127 (): 70

Abstract

The paper describes decision-making models based on a newly introduced notion of personal expected value. Such models exhibit the ambiguity aversion, ......

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