Fixed State Utility Scaling: Comparison of Different Criteria.

Abstract

Several methods of fitting utilities using fixed state gambles and least-squares criteria are compared. It was found that similar results are found when the miximation is done in the probability, log-oddes, or rott arc-sine matric.

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Document Details

Document Type
Technical Report
Publication Date
Mar 20, 1981
Accession Number
ADA098227

Entities

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  • Melvin R. Novick
  • Shin-ichi Mayekawa

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  • University of Iowa

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