Browsing Faculty Publications (Bibliographic) by Author "Subramanyam, Marti G."
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Utility theory and participation in unfair lotteries
Patel, Nitin R.; Subramanyam, Marti G. (1978-12-12)Since the development of the expected utility maxim by von Neumann and Morgenstern [2], attempts have been made to provide a rational explanation for the observed behavior of individuals under uncertainty. One aspect ...