Great expectations. Part II: Generalized expected utility as a universal decision rule

Francis C. Chu and Joseph Halpern (halpern@cs.cornell.edu)
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Francis C. Chu: Cornell University

Game Theory and Information from University Library of Munich, Germany

Abstract: Many different rules for decision making have been introduced in the literature. We show that a notion of generalized expected utility proposed in 'Great Expectations. Part I' is a universal decision rule, in the sense that it can represent essentially all other decision rules.

JEL-codes: C7 D8 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2004-11-05
Note: Type of Document - pdf; pages: 21. Appears in Artificial Intelligence, vol. 159, numbers 1,2, 2004, pp. 207-230
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Citations: View citations in EconPapers (2)

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