Utility of Gains and Losses (Scientific Psychology Series)

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Utility of Gains and Losses (Scientific Psychology Series) image
ISBN-10:

1138003441

ISBN-13:

9781138003446

Edition: 1
Released: Aug 15, 2014
Publisher: Psychology Press
Format: Paperback, 346 pages

Description:

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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