【摘 要】
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This paper proposes a belief-dependent utility function(BDU).The BDU is based on the fact that the beliefs of acts have inconsistent impacts on utilities.The existence and uniqueness result of the BDU function is provided.It is then proved that the BDU fu
【机 构】
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North China University of Technology,Beijing 100144,China
论文部分内容阅读
This paper proposes a belief-dependent utility function(BDU).The BDU is based on the fact that the beliefs of acts have inconsistent impacts on utilities.The existence and uniqueness result of the BDU function is provided.It is then proved that the BDU function can provide risk attitude analysis and general comparative analysis as powerful as those presented by the classical expected utility theories.
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