A quantitative approach to choose among multiple mutually exclusive decisions: comparative expected utility theory

Preprint English OPEN
Zhu, Pengyu;
  • Subject: Quantitative Finance - Economics

Mutually exclusive decisions have been studied for decades. Many well-known decision theories have been defined to help people either to make rational decisions or to interpret people's behaviors, such as expected utility theory, regret theory, prospect theory, and so o... View more
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