The effects of temporal uncertainty resolution on the overall utility and suspense of risky monetary and survival gambles /
We extend Kreps and Porteus' (1978, 1979a,b) temporal utility theory to include measures of suspense for gambles that vary in the timing of uncertainty resolution. Our f$ sp t$-modification (of their theory) defines overall utility and suspense in terms of two functions: a standard utility func...
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| Format: | Others |
| Language: | en |
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McGill University
1989
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| Online Access: | http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=75966 |