Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Home> Publications> Econometrica>Conditional Expected Utility

Econometrica: Mar, 1971, Volume 39, Issue 2

Conditional Expected Utility

https://doi.org/0012-9682(197103)39:2<253:CEU>2.0.CO;2-5
p. 253-271

David H. Krantz, R. Duncan Luce

This paper describes empirical laws (formulated abstractly, as axioms) that lead to simultaneous measurement of utility and subjective probability under circumstances where decisions delimit which states of nature may occur.

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