The Econometric SocietyEconometrica: Mar 1971, Volume 39, Issue 2
Conditional Expected Utility
https://doi.org/0012-9682(197103)39:2<253:CEU>2.0.CO;2-5
p.
253-271
David H. Krantz, R. Duncan Luce
This paper describes empirical laws (formulated abstractly, as axioms) that lead to simultaneous measurement of utility and subjective probability under circumstances where decisions delimit which states of nature may occur.Log In To View Full Content