Utility of Gains and Losses

Measurement-Theoretical and Experimental Approaches

Nonfiction, Health & Well Being, Psychology, Experimental Psychology
Cover of the book Utility of Gains and Losses by R. Duncan Luce, Taylor and Francis
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Author: R. Duncan Luce ISBN: 9781135662707
Publisher: Taylor and Francis Publication: April 4, 2014
Imprint: Psychology Press Language: English
Author: R. Duncan Luce
ISBN: 9781135662707
Publisher: Taylor and Francis
Publication: April 4, 2014
Imprint: Psychology Press
Language: English

This new monograph presents Dr. Luce's current understanding of the behavioral properties people exhibit (or should exhibit) when they make selections among alternatives and how these properties lead to numerical representations of those preferences. It summarizes, and places in historical perspective, the research Dr. Luce has done on utility theory for over 10 years. Included are axiomatic theoretical formulations, experiments designed to test individual assumptions, and analyses of the fit to bodies of data of numerical representations derived from the theory.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This new monograph presents Dr. Luce's current understanding of the behavioral properties people exhibit (or should exhibit) when they make selections among alternatives and how these properties lead to numerical representations of those preferences. It summarizes, and places in historical perspective, the research Dr. Luce has done on utility theory for over 10 years. Included are axiomatic theoretical formulations, experiments designed to test individual assumptions, and analyses of the fit to bodies of data of numerical representations derived from the theory.

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