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The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations

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  1. Herzfeld, Thomas & Jongeneel, Roel, 2012. "Why do farmers behave as they do? Understanding compliance with rural, agricultural, and food attribute standards," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 250-260.
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  5. Masih, Rumi, 1995. "Modelling the dynamic interactions among crime, deterrence and socio-economic variables: evidence from a vector error-correction model," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 39(3), pages 411-416.
  6. Weiss, Michael D., 1986. "Risk Aversion Revisited: A Closer Look At Meaning And Measurement," 1986 Annual Meeting, July 27-30, Reno, Nevada 278074, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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  8. Power, Brendan & Cacho, Oscar J, 2014. "Identifying risk-efficient strategies using stochastic frontier analysis and simulation: An application to irrigated cropping in Australia," Agricultural Systems, Elsevier, vol. 125(C), pages 23-32.
  9. Ivan Ajdukovic & Sylvain Max & Rodolphe Perchot & Eli Spiegelman, 2018. "The Economic Psychology of Gabriel Tarde: Something new for behavioral economics?," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 2(1), pages 5-11, March.
  10. Bram Driesen & Andrés Perea & Hans Peters, 2010. "On Loss Aversion in Bimatrix Games," Theory and Decision, Springer, vol. 68(4), pages 367-391, April.
  11. Gebhard Kirchgässner, 2014. "The role of homo oeconomicus in the political economy of James Buchanan," Constitutional Political Economy, Springer, vol. 25(1), pages 2-17, March.
  12. González-Vallejo, Claudia & Harman, Jason L. & Mullet, Etienne & Muñoz Sastre, Maria T., 2012. "An examination of the proportional difference model to describe and predict health decisions," Organizational Behavior and Human Decision Processes, Elsevier, vol. 118(1), pages 82-97.
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  20. Marc Scholten & Daniel Read, 2014. "Prospect theory and the “forgotten” fourfold pattern of risk preferences," Journal of Risk and Uncertainty, Springer, vol. 48(1), pages 67-83, February.
  21. Benjamin Y. Hayden & Michael L. Platt, 2009. "The mean, the median, and the St. Petersburg paradox," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 4(4), pages 256-272, June.
  22. Celina Schelle & Benno Pokorny, 2021. "How Inclusive Is Inclusive? A Critical Analysis of an Agribusiness Initiative in Kenya," Sustainability, MDPI, Open Access Journal, vol. 13(19), pages 1-17, October.
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  24. Christina Gladwin, 1989. "Indigenous knowledge systems, the cognitive revolution, and agricultural decision making," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 6(3), pages 32-41, June.
  25. Frey, Bruno S. & Gallus, Jana, 2014. "Aggregate effects of behavioral anomalies: A new research area," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW), vol. 8, pages 1-15.
  26. Bruno Frey, 1985. "State and prospect of public choice: A European view," Public Choice, Springer, vol. 46(2), pages 141-161, January.
  27. Karine Lamiraud & Robert Oxoby & Cam Donaldson, 2016. "Incremental willingness to pay: a theoretical and empirical exposition," Theory and Decision, Springer, vol. 80(1), pages 101-123, January.
  28. Duncan, Steven Scott, 1988. "The relevant forecast of variance of income for marketing decisions under uncertainty," ISU General Staff Papers 198801010800009839, Iowa State University, Department of Economics.
  29. Yu, Guodong & Haskell, William B. & Liu, Yang, 2017. "Resilient facility location against the risk of disruptions," Transportation Research Part B: Methodological, Elsevier, vol. 104(C), pages 82-105.
  30. Harin, Alexander, 2006. "Scientific Revolution? A Farewell to EconWPA. MPRA is welcome," MPRA Paper 71, University Library of Munich, Germany.
  31. Joanne Castonguay & Danielle Lareau & Benoit A. Aubert, 2007. "Guide pratique pour l'identification et la gestion des enjeux sociopolitiques," CIRANO Project Reports 2007rp-13, CIRANO.
  32. James Andreoni & Charles Sprenger, 2012. "Estimating Time Preferences from Convex Budgets," American Economic Review, American Economic Association, vol. 102(7), pages 3333-3356, December.
  33. Dolan, P. & Gudex, C. & Kind, P. & Williams, A., 1996. "Valuing health states: A comparison of methods," Journal of Health Economics, Elsevier, vol. 15(2), pages 209-231, April.
  34. Rebecca LeFebvre & Volker Franke, 2013. "Culture Matters: Individualism vs. Collectivism in Conflict Decision-Making," Societies, MDPI, Open Access Journal, vol. 3(1), pages 1-19, March.
  35. Christopher Schwand & Rudolf Vetschera & Lea Wakolbinger, 2010. "The influence of probabilities on the response mode bias in utility elicitation," Theory and Decision, Springer, vol. 69(3), pages 395-416, September.
  36. Gebhard Kirchgässner, 2013. "The Weak Rationality Principle in Economics," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 149(I), pages 1-26, March.
  37. Stevens, Katherine & McCabe, Christopher & Brazier, John & Roberts, Jennifer, 2007. "Multi-attribute utility function or statistical inference models: A comparison of health state valuation models using the HUI2 health state classification system," Journal of Health Economics, Elsevier, vol. 26(5), pages 992-1002, September.
  38. Harin, Alexander, 2014. "Problems of utility and prospect theories. Certainty effect near certainty," MPRA Paper 61026, University Library of Munich, Germany.
  39. Neil Stewart & Stian Reimers & Adam J. L. Harris, 2015. "On the Origin of Utility, Weighting, and Discounting Functions: How They Get Their Shapes and How to Change Their Shapes," Management Science, INFORMS, vol. 61(3), pages 687-705, March.
  40. Baker, Rachel Mairi, 2006. "Economic rationality and health and lifestyle choices for people with diabetes," Social Science & Medicine, Elsevier, vol. 63(9), pages 2341-2353, November.
  41. Katarzyna Kochaniak & Paweł Ulman, 2020. "Risk-Intolerant but Risk-Taking—Towards a Better Understanding of Inconsistent Survey Responses of the Euro Area Households," Sustainability, MDPI, Open Access Journal, vol. 12(17), pages 1-26, August.
  42. Alain Marciano, 2006. "David Hume's model of man: Classical political economy as “inspired” political economy," Review of Social Economy, Taylor & Francis Journals, vol. 64(3), pages 369-386.
  43. Alex Reuben Kira, 2016. "The Perceptions of Taxpayers on the Adoption of Electronic Fiscal Devices (EFDs) in Revenue Collection in Tanzania: The Case of Dodoma," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(12), pages 39-55, December.
  44. Johanna Cook & Jeff Richardson & Andrew Street, 1994. "A cost utility analysis of treatment options for gallstone disease: Methodological issues and results," Health Economics, John Wiley & Sons, Ltd., vol. 3(3), pages 157-168, May.
  45. Bous, Géraldine & Fortemps, Philippe & Glineur, François & Pirlot, Marc, 2010. "ACUTA: A novel method for eliciting additive value functions on the basis of holistic preference statements," European Journal of Operational Research, Elsevier, vol. 206(2), pages 435-444, October.
  46. Abdui Rahim Al-Saati, 2003. "The Permissible Gharar (Risk) in Classical Islamic Jurisprudence الغرر المسموح به في الشريعة الإسلامية," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 16(2), pages 3-19, January.
  47. Arthur E. Attema & Han Bleichrodt & Peter P. Wakker, 2012. "A Direct Method for Measuring Discounting and QALYs More Easily and Reliably," Medical Decision Making, , vol. 32(4), pages 583-593, July.
  48. Kalogeras, Nikos & Pennings, Joost M.E. & Garcia, Philip, 2006. "What Drives Strategic Behavior? A Framework to Explain and Predict SMEs' Transition to Sustainable Production Systems," 2006 Annual meeting, July 23-26, Long Beach, CA 21354, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  49. Robison, Lindon J. & Shupp, Robert S. & Myers, Robert J., 2010. "Expected utility paradoxes," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(2), pages 187-193, April.
  50. Fatma Lajeri-Chaherli, 2016. "On The Concavity And Quasiconcavity Properties Of ( Σ , Μ ) Utility Functions," Bulletin of Economic Research, Wiley Blackwell, vol. 68(3), pages 287-296, April.
  51. Wenzel Matiaske, 2004. "Pourquoi pas? Rational Choice as a Basic Theory of HRM," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 15(2), pages 249-263.
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  54. Colombo, Luca & Labrecciosa, Paola, 2012. "A note on pricing with risk aversion," European Journal of Operational Research, Elsevier, vol. 216(1), pages 252-254.
  55. Gethin Griffith & Val Morrison & J. Williams & Rhiannon Edwards, 2009. "Can we assume that research participants are utility maximisers?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 10(2), pages 187-196, May.
  56. Bard, Sharon K. & Barry, Peter J., 2001. "Assessing Farmers' Attitudes Toward Risk Using The "Closing-In" Method," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(1), pages 1-13, July.
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  58. Shackley, Phil & Donaldson, Cam, 2002. "Should we use willingness to pay to elicit community preferences for health care?: New evidence from using a 'marginal' approach," Journal of Health Economics, Elsevier, vol. 21(6), pages 971-991, November.
  59. Giancarlo La Camera & Barry J Richmond, 2008. "Modeling the Violation of Reward Maximization and Invariance in Reinforcement Schedules," PLOS Computational Biology, Public Library of Science, vol. 4(8), pages 1-17, August.
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  61. Maximilian Rüdisser & Raphael Flepp & Egon Franck, 2017. "Do casinos pay their customers to become risk-averse? Revising the house money effect in a field experiment," Experimental Economics, Springer;Economic Science Association, vol. 20(3), pages 736-754, September.
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