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Semiorders and a Theory of Utility Discrimination
- R. Luce
- Economics
- 1 April 1956
In the theory of preferences underlying utility theory i t is generally assumed that the indifference relation is transitive, and this leads t o equivalence classes of indifferent elements or,…
Utility of Gains and Losses: Measurement-Theoretical and Experimental Approaches
- R. Luce
- Economics
- 2000
Contents: Preface. Introduction. Basic Assumptions. Binary Gambles of Gains. Joint Receipt of Gains. General Gambles of Gains. Additive Utility Over Mixed Consequences. Additive Value Over Mixed…
Foundations of measurement
- D. Krantz, R. Luce, P. Suppes, A. Tversky
- Computer Science
- 1971
On the possible psychophysical laws.
- R. Luce
- PhilosophyPsychological review
- 1 March 1959
Rank- and sign-dependent linear utility models for finite first-order gambles
- R. Luce, P. Fishburn
- Economics
- 1991
Finite first-order gambles are axiomatized. The representation combines features of prospect and rank-dependent theories. What is novel are distinctions between gains and losses and the inclusion of…
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