Random Rank-Dependent Expected Utility
We present a novel characterization of random rank-dependent expected utility for finite datasets and finite prizes. As a byproduct, we obtain a characterization of random expected utility that works for finite datasets. The test lends itself to statistical testing. We apply our test to an experimen...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-01-01
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Series: | Games |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-4336/13/1/13 |