Abstract
Alternatives of the form A = (x, 0; p, l−p) —where a gain (or loss) x may be obtained with probability p— are often used in non-deterministic decision making. Two potential applications are: a) testing the descriptive power of some model; b) obtaining functions and/or parameters representing a given individual in the context of a particular model.
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© 1988 D. Reidel Publishing Company, Dordrecht, Holland
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Munera, H.A. (1988). A Large Scale Empirical Test for the Linearized Moments Model (LMM): Compatibility between Theory and Observation. In: Munier, B.R. (eds) Risk, Decision and Rationality. Theory and Decision Library, vol 9. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-4019-2_17
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DOI: https://doi.org/10.1007/978-94-009-4019-2_17
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