Theory of Decision I 230781-D
Wykład (WYK) Semestr zimowy 2020/21

Weak order relation and choice functions

Ordinal utility representation (Cantor, 1915)

Semi-order, interval orders, partial orders

Intensity of preferences, cardinal utility (Shapley, 1975)

Multi-attribute utility theory (MAUT) with two attributes

Multi-attribute utility theory (MAUT) with more than two attributes

Expected Utility hypothesis of Daniel Bernoulli

Expected Utility Theory axioms

Expected Utility Theory representation (von Neumann, Morgenstern 1947)

Risk attitudes in Expected Utility Theory

Applications of Expected Utility Theory

Expected Utility paradoxes

Prospect Theory (Kahnemann, Tversky, 1979, 1992)

Expected Utility Theory vs Expected Utility models (Lewandowski, 2018)

Range-dependent utility (Kontek, Lewandowski, 2017)