© 1991

Progress in Decision, Utility and Risk Theory

  • Attila Chikán

Part of the Theory and Decision Library book series (TDLB, volume 13)

Table of contents

  1. Front Matter
    Pages i-xi
  2. General Theory

    1. Front Matter
      Pages 1-1
    2. W. Stanley Jevons
      Pages 1-42
    3. John C. Harsanyi
      Pages 43-66
    4. Regine S. May
      Pages 67-75
  3. Expected Utility V. Non-Expected Utility

  4. Experimental Approaches

    1. Front Matter
      Pages 145-145
    2. Philippe Delquié, Richard de Neufville
      Pages 145-153
    3. Manfred J. Holler
      Pages 155-163
    4. Samir Essid, Jean-Yves Jaffray, Tanios Said
      Pages 165-173
    5. B. Munier, M. Abdellaoui
      Pages 175-182
  5. Decision And Risk Analysis

    1. Front Matter
      Pages 183-183
    2. I. Bogardi, W.E. Kelly, H.P. Nachtnebel
      Pages 183-191

About this book


In this volume we present some of the papers delivered at FUR-IV - the Fourth International Conference on Founda­ tions and Applications of Utility, Risk and Decision Theory in Budapest, June 1988. The FUR Conferences have provided an appreciated forum every two years since 1982 within which scientists can report recent issues and prospective applications of decision theory, and exchange ideas about controversial questions of this field. Focal points of the presented papers are: expected utility versus alterna­ tive utility models, concepts of risk and uncertainty, developments of game theory, and investigations of real decision making behaviour under uncertainty and/or in risky situations. We hope that this sample of papers will appeal to a wide spectrum of readers who are interested in and fami­ liar with this interesting and exciting issues of decision theory. A wide range of theoretical and practical questions is considered in papers included in this volume, and many of them closely related to economics. In fact, there were two Nobel-Laureates in economics among the participants: I. Herbert A. Simon (1978) and Maurice Allais (1988), who won the prize just after the conference. His paper deals with problems of cardinal utility. After a concise overview of the history and theory of cardinal utility he gives an estimate of the invariant cardinal utility function for its whole domain of variation (i. e.


calculus decision analysis decision making decision theory fuzzy sets management modeling rating risk analysis risk management risk theory utility theory

Editors and affiliations

  • Attila Chikán
    • 1
  1. 1.ISIRInternational Society for Inventory ResearchBudapestHungary

Bibliographic information

  • Book Title Progress in Decision, Utility and Risk Theory
  • Editors Attila Chikán
    József Kindler
    István Kiss
    Doris Ostrusska
  • Series Title Theory and Decision Library
  • DOI
  • Copyright Information Kluwer Academic Publishers 1991
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Hardcover ISBN 978-0-7923-1211-6
  • Softcover ISBN 978-94-010-5387-7
  • eBook ISBN 978-94-011-3146-9
  • Edition Number 1
  • Number of Pages XI, 367
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Operations Research/Decision Theory
    Finance, general
  • Buy this book on publisher's site
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