期刊論文
| 學年 | 72 |
|---|---|
| 學期 | 1 |
| 出版（發表）日期 | 1984-01-01 |
| 作品名稱 | A general utility function for decision-making |
| 作品名稱（其他語言） | |
| 著者 | 盛慶琜; Sheng, Ching-lai |
| 單位 | 淡江大學經營決策學系 |
| 出版者 | |
| 著錄名稱、卷期、頁數 | Mathematical modelling 5(4), pp.265-274 |
| 摘要 | The logarithm function, with a slight modification, is proposed to be a general utility function for decision making under risk or uncertainty with known probability distribution. This utility function, as based on this author's concept of relative value, is mathematically and philosophically justified. It is shown that one normalized utility function or curve can be used for different problems, and also for the same problem with different degrees of personal preference of risk-aversion. It is also shown that the linear case with a straight-line utility function, in which the expected reward (ER) criterion and the expected loss (EL) criterion can be applied, is a special case of this proposed general utility function. A simple example is worked out for illustration. |
| 關鍵字 | |
| 語言 | en_US |
| ISSN | 0270-0255 |
| 期刊性質 | 國外 |
| 收錄於 | |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 否 |
| 國別 | USA |
| 公開徵稿 | |
| 出版型式 | ,紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/65023 ) |