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Decisions with Multiple Objectives

New York: Wiley (1976)

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  1. What does incommensurability tell us about agency?Luke Elson - 2021 - In Henrik Andersson & Anders Herlitz (eds.), Value Incommensurability: Ethics, Risk. And Decision-Making. New York, NY: Routledge. pp. 181-198.
    Ruth Chang and Joseph Raz have both drawn far-reaching consequences for agency from the phenomenon of incommensurability. After criticizing their arguments, I outline an alternative view: if incommensurability is vagueness, then there are no substantial implications for agency, except perhaps a limited form of naturalistic voluntarism if our reasons are provided by desires.
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  • Students’ Reasoning About Whether to Report When Others Cheat: Conflict, Confusion, and Consequences.Talia Waltzer, Arvid Samuelson & Audun Dahl - 2022 - Journal of Academic Ethics 20 (2):265-287.
    Nearly all students believe academic cheating is wrong, yet few students say they would report witnessed acts of cheating. To explain this apparent tension, the present research examined college students’ reasoning about whether to report plagiarism or other forms of cheating. Study 1 examined students’ conflicts when deciding whether to report cheating. Most students gave reasons against reporting a peer (e.g., social and physical consequences, a lack of responsibility to report) as well as reasons in favor of reporting (e.g., concerns (...)
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  • Expert deference as a belief revision schema.Joe Roussos - 2020 - Synthese (1-2):1-28.
    When an agent learns of an expert's credence in a proposition about which they are an expert, the agent should defer to the expert and adopt that credence as their own. This is a popular thought about how agents ought to respond to (ideal) experts. In a Bayesian framework, it is often modelled by endowing the agent with a set of priors that achieves this result. But this model faces a number of challenges, especially when applied to non-ideal agents (who (...)
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  • An externalist decision theory for a pragmatic epistemology.Brian Kim - 2018 - In Brian Kim & Matthew McGrath (eds.), Pragmatic Encroachment in Epistemology. New York: Routledge.
    In recent years, some epistemologists have argued that practical factors can make the difference between knowledge and mere true belief. While proponents of this pragmatic thesis have proposed necessary and sufficient conditions for knowledge, it is striking that they have failed to address Gettier cases. As a result, the proposed analyses of knowledge are either lacking explanatory power or susceptible to counterexamples. Gettier cases are also worth reflecting on because they raise foundational questions for the pragmatist. Underlying these challenges is (...)
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  • The citizen goes shopping : a framework for the assessment and optimization of production from the perspective of society.Tassos Michalopoulos - unknown
    Nowadays, product labels are often used to enable consumers choose products that are friendly to the environment and to animals, natural, healthful and socially responsible. However, certain features of commonly used labels limit their usefulness. This thesis identifies a number of these limitations and presents an innovative labeling approach designed to address them. More specifically, the following features limit the usefulness of the commonly used “endorsement” labels: they (1) offer a single certification grade, the requirements for which (2) are ‘static’ (...)
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  • Preference reversals in judgment and choice.Marcus Selart - 1994 - Gothenburg University Press.
    According to normative decision theory there exists a principle of procedure invariance which states that a decision maker's preference order should remain the same, independently of which response mode is used. For example, the decision maker should express the same preference independently of whether he or she has to judge or decide. Nevertheless, previous research in behavioral decision making has suggested that judgments and choices yield different preference orders in both the risky and the riskless domain. In the latter, the (...)
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  • Decision making from economic and signal detection perspectives: development of an integrated framework.Spencer K. Lynn, Jolie B. Wormwood, Lisa F. Barrett & Karen S. Quigley - 2015 - Frontiers in Psychology 6.
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  • Updating on the Credences of Others: Disagreement, Agreement, and Synergy.Kenny Easwaran, Luke Fenton-Glynn, Christopher Hitchcock & Joel D. Velasco - 2016 - Philosophers' Imprint 16 (11):1-39.
    We introduce a family of rules for adjusting one's credences in response to learning the credences of others. These rules have a number of desirable features. 1. They yield the posterior credences that would result from updating by standard Bayesian conditionalization on one's peers' reported credences if one's likelihood function takes a particular simple form. 2. In the simplest form, they are symmetric among the agents in the group. 3. They map neatly onto the familiar Condorcet voting results. 4. They (...)
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  • Ranking Multidimensional Alternatives and Uncertain Prospects.Philippe Mongin - 2015 - Journal of Economic Theory 157:146-171.
    We introduce a ranking of multidimensional alternatives, including uncertain prospects as a particular case, when these objects can be given a matrix form. This ranking is separable in terms of rows and columns, and continuous and monotonic in the basic quantities. Owing to the theory of additive separability developed here, we derive very precise numerical representations over a large class of domains (i.e., typically notof the Cartesian product form). We apply these representationsto (1)streams of commodity baskets through time, (2)uncertain social (...)
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  • The Locality and Globality of Instrumental Rationality: The normative significance of preference reversals.Brian Kim - 2014 - Synthese 191 (18):4353-4376.
    When we ask a decision maker to express her preferences, it is typically assumed that we are eliciting a pre-existing set of preferences. However, empirical research has suggested that our preferences are often constructed on the fly for the decision problem at hand. This paper explores the ramifications of this empirical research for our understanding of instrumental rationality. First, I argue that these results pose serious challenges for the traditional decision-theoretic view of instrumental rationality, which demands global coherence amongst all (...)
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  • Invariant multiattribute utility functions.Ali E. Abbas - 2010 - Theory and Decision 68 (1-2):69-99.
    We present a method to characterize the preferences of a decision maker in decisions with multiple attributes. The approach modifies the outcomes of a multivariate lottery with a multivariate transformation and observes the change in the decision maker’s certain equivalent. If the certain equivalent follows this multivariate transformation, we refer to this situation as multiattribute transformation invariance, and we derive the functional form of the utility function. We then show that any additive or multiplicative utility function that is formed of (...)
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  • Interpersonal comparisons of utility for 2 of 3 types of people.R. Duncan Luce - 2010 - Theory and Decision 68 (1-2):5-24.
    This article argues that there is a natural solution to carry out interpersonal comparisons of utility when the theory of gambles is supplemented with a group operation of joint receipts. If so, three types of people can exist, and the two types having multiplicative representations of joint receipt have, in contrast to most utility theories, absolute scales of utility. This makes possible, at least in principle, meaningful interpersonal comparisons of utility with desirable properties, thus resolving a long standing philosophical problem (...)
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  • Assessment response surface: Investigating utility dependence on probability.Mark R. McCord & Richard De Neufville - 1985 - Theory and Decision 18 (3):263-285.
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  • Discount-neutral utility models for denumerable time streams.Peter Fishburn & Ward Edwards - 1997 - Theory and Decision 43 (2):139-166.
    This paper formulates and axiomatizes utility models for denumerable time streams that make no commitment in regard to discounting future outcomes. The models address decision under certainty and decision under risk. Independence assumptions in both contexts lead to additive or multiplicative utilities over time periods that allow unambiguous comparisons of the relative importance of different periods. The models accommodate all patterns of future valuation. This discount-neutral feature is attained by restricting preference comparisons to outcome streams or probability distributions on outcome (...)
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  • Moral Desirability and Rational Decision.Christoph Lumer - 2010 - Ethical Theory and Moral Practice 13 (5):561-584.
    Being a formal and general as well as the most widely accepted approach to practical rationality, rational decision theory should be crucial for justifying rational morals. In particular, acting morally should also be rational in decision theoretic terms. After defending this thesis, in the critical part of the paper two strategies to develop morals following this insight are criticized: game theoretical ethics of cooperation and ethical intuitionism. The central structural objections to ethics of cooperation are that they too directly aim (...)
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  • Précis of simple heuristics that make us Smart.Peter M. Todd & Gerd Gigerenzer - 2000 - Behavioral and Brain Sciences 23 (5):727-741.
    How can anyone be rational in a world where knowledge is limited, time is pressing, and deep thought is often an unattainable luxury? Traditional models of unbounded rationality and optimization in cognitive science, economics, and animal behavior have tended to view decision-makers as possessing supernatural powers of reason, limitless knowledge, and endless time. But understanding decisions in the real world requires a more psychologically plausible notion of bounded rationality. In Simple heuristics that make us smart (Gigerenzer et al. 1999), we (...)
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  • Prisoners' Dilemmas and Reciprocal Altruists.John J. Tilley - 1999 - Philosophia 27 (1-2):261-272.
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  • (2 other versions)Discovering Warrants in Political Argumentation.Irmtraud Gallhofer & Willem Saris - 2021 - Informal Logic 42 (4):641-676.
    Philosophers deny a proposal for actions can be deduced from arguments for or against the proposal because they may be incompatible. Nevertheless, people in general, and politicians especially, make decisions and present arguments they believe are convincing. We studied politicians who made decisions in complex situations. They spoke about possible actions, their consequences, the probabilities of these consequences and their evaluations, but rarely indicated why their arguments led to their choice. We hypothesized implicit argumentation rules involved and checked whether they (...)
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  • Policymaking under scientific uncertainty.Joe Roussos - 2020 - Dissertation, London School of Economics
    Policymakers who seek to make scientifically informed decisions are constantly confronted by scientific uncertainty and expert disagreement. This thesis asks: how can policymakers rationally respond to expert disagreement and scientific uncertainty? This is a work of non-ideal theory, which applies formal philosophical tools developed by ideal theorists to more realistic cases of policymaking under scientific uncertainty. I start with Bayesian approaches to expert testimony and the problem of expert disagreement, arguing that two popular approaches— supra-Bayesianism and the standard model of (...)
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  • The Multidimensional Structure of ‘better than’.Erich H. Rast - 2022 - Axiomathes 32 (2):291-319.
    According to the mixed lexicographic/additive account of ‘better than’ and similar aggregative value comparatives like ‘healthier than’, values are multidimensional and different aspects of a value are aggregated into an overall assessment in a lexicographic way, based on an ordering of value aspects. It is argued that this theory can account for an acceptable definition of Chang’s notion of parity and that it also offers a solution to Temkin’s and Rachels’s Spectrum Cases without giving up the transitivity of overall betterness. (...)
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  • Reframing Business Sustainability Decision-Making with Value-Focussed Thinking.Julia Benkert - 2020 - Journal of Business Ethics 174 (2):441-456.
    Per definition business sustainability demands the integration of environmental, social, and economic outcomes. Yet, managerial decision-making involving sustainability objectives is fraught with tension and the way managerial decision-makers frame sustainability issues in their mindset influences how sustainability tensions are managed at the organisational level. In the bid to better understand what types of managerial mindsets, or cognitive frames, foster integrative business sustainability practices that simultaneously advance environmental, social, and economic objectives, extant research has focussed on the underlying logics that drive (...)
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  • Social Preference Under Twofold Uncertainty.Philippe Mongin & Marcus Pivato - forthcoming - Economic Theory.
    We investigate the conflict between the ex ante and ex post criteria of social welfare in a new framework of individual and social decisions, which distinguishes between two sources of uncertainty, here interpreted as an objective and a subjective source respectively. This framework makes it possible to endow the individuals and society not only with ex ante and ex post preferences, as is usually done, but also with interim preferences of two kinds, and correspondingly, to introduce interim forms of the (...)
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  • The Strength of Ethical Matrixes as a Tool for Normative Analysis Related to Technological Choices: The Case of Geological Disposal for Radioactive Waste.Céline Kermisch & Christophe Depaus - 2018 - Science and Engineering Ethics 24 (1):29-48.
    The ethical matrix is a participatory tool designed to structure ethical reflection about the design, the introduction, the development or the use of technologies. Its collective implementation, in the context of participatory decision-making, has shown its potential usefulness. On the contrary, its implementation by a single researcher has not been thoroughly analyzed. The aim of this paper is precisely to assess the strength of ethical matrixes implemented by a single researcher as a tool for conceptual normative analysis related to technological (...)
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  • Error Propagation in the Elicitation of Utility and Probability Weighting Functions.Pavlo Blavatskyy - 2006 - Theory and Decision 60 (2-3):315-334.
    Elicitation methods in decision-making under risk allow us to infer the utilities of outcomes as well as the probability weights from the observed preferences of an individual. An optimally efficient elicitation method is proposed, which takes the inevitable distortion of preferences by random errors into account and minimizes the effect of such errors on the inferred utility and probability weighting functions. Under mild assumptions, the optimally efficient method for eliciting utilities and probability weights is the following three-stage procedure. First, a (...)
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  • Parameters of social preference functions: measurement and external validity.Christoph Graf, Rudolf Vetschera & Yingchao Zhang - 2013 - Theory and Decision 74 (3):357-382.
    Most of the existing literature on social preferences either tests whether certain characteristics of the social context influence individual decisions, or tries to estimate parameters of social preference functions describing such behavior at the level of the entire population. In the present paper, we are concerned with measuring parameters of social preference functions at the individual level. We draw upon concepts developed for eliciting other types of utility functions, in particular the literature on decision making under incomplete information. Our method (...)
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  • Rationality and uncertainty.Amartya Sen - 1985 - Theory and Decision 18 (2):109-127.
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  • The belief-desire law.Christopher Gauker - 2005 - Facta Philosophica 7 (2):121-144.
    Many philosophers hold that for various reasons there must be psychological laws governing beliefs and desires. One of the few serious examples that they offer is the _belief-desire law_, which states, roughly, that _ceteris paribus_ people do what they believe will satisfy their desires. This paper argues that, in fact, there is no such law. In particular, decision theory does not support the contention that there is such a law.
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  • Equilibria with vector-valued utilities and preference information. The analysis of a mixed duopoly.Amparo M. Mármol, Luisa Monroy, M. Ángeles Caraballo & Asunción Zapata - 2017 - Theory and Decision 83 (3):365-383.
    This paper deals with the equilibria of games when the agents have multiple objectives and, therefore, their utilities cannot be represented by a single value, but by a vector containing the various dimensions of the utility. Our approach allows the incorporation of partial information about the preferences of the agents into the model, and permits the identification of the set of equilibria in accordance with this information. We also propose an additional conservative criterion which can be applied in this framework (...)
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  • Satisficing, preferences, and social interaction: a new perspective.Wynn C. Stirling & Teppo Felin - 2016 - Theory and Decision 81 (2):279-308.
    Satisficing is a central concept in both individual and social multiagent decision making. In this paper we first extend the notion of satisficing by formally modeling the tradeoff between costs and decision failure. Second, we extend this notion of “neo”-satisficing into the context of social or multiagent decision making and interaction, and model the social conditioning of preferences in a satisficing framework.
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  • (1 other version)Homo Heuristicus: Why Biased Minds Make Better Inferences.Gerd Gigerenzer & Henry Brighton - 2009 - Topics in Cognitive Science 1 (1):107-143.
    Heuristics are efficient cognitive processes that ignore information. In contrast to the widely held view that less processing reduces accuracy, the study of heuristics shows that less information, computation, and time can in fact improve accuracy. We review the major progress made so far: the discovery of less-is-more effects; the study of the ecological rationality of heuristics, which examines in which environments a given strategy succeeds or fails, and why; an advancement from vague labels to computational models of heuristics; the (...)
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  • Ethical Issues in Engineering Models: An Operations Researcher’s Reflections.J. Kleijnen - 2011 - Science and Engineering Ethics 17 (3):539-552.
    This article starts with an overview of the author’s personal involvement—as an Operations Research consultant—in several engineering case-studies that may raise ethical questions; e.g., case-studies on nuclear waste, water management, sustainable ecology, military tactics, and animal welfare. All these case studies employ computer simulation models. In general, models are meant to solve practical problems, which may have ethical implications for the various stakeholders; namely, the modelers, the clients, and the public at large. The article further presents an overview of codes (...)
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  • Game theory.Don Ross - 2008 - Stanford Encyclopedia of Philosophy.
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  • Comparing alternatives in the law.Jaap Hage - 2004 - Artificial Intelligence and Law 12 (3):181-225.
    This paper argues the thesis that a particular style of reasoning, qualitative comparative reasoning (QCR), plays a role in at least three areas of legal reasoning that are central in AI and law research, namely legal theory construction, case-based reasoning in the form of case comparison, and legal proof. The paper gives an informal exposition of one particular way to deal with QCR, based on the author’s previous work on reason-based logic (RBL). Then it contains a substantially adapted formalisation of (...)
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  • A Parallel between Regret Theory and Outranking Methods for Multicriteria Decision Making Under Imprecise Information.Gül Özerol & Esra Karasakal - 2008 - Theory and Decision 65 (1):45-70.
    Incorporation of the behavioral issues of the decision maker (DM) is among the aspects that each Multicriteria Decision Making (MCDM) method implicitly or explicitly takes into account. As postulated by regret theory, the feelings of regret and rejoice are among the behavioral issues associated with the entire decision making process. Within the context of MCDM, the DM may feel regret, when the chosen alternative is compared with another one having at least one better criterion value. PROMETHEE II is a widely (...)
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  • Multiattribute utility theory: A survey.Mustafa R. Yilmaz - 1978 - Theory and Decision 9 (4):317-347.
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  • In defense of a constructive, information-based approach to decision theory.M. R. Yilmaz - 1997 - Theory and Decision 43 (1):21-44.
    Since the middle of this century, the dominant prescriptive approach to decision theory has been a deductive viewpoint which is concerned with axioms of rational preference and their consequences. After summarizing important problems with the preference primitive, this paper argues for a constructive approach in which information is the foundation for decision-making. This approach poses comparability of uncertain acts as a question rather than an assumption. It is argued that, in general, neither preference nor subjective probability can be assumed given, (...)
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  • A conceptual framework for society-oriented decision support.Yingjie Yang, David Gillingwater & Chris Hinde - 2005 - AI and Society 19 (3):279-291.
    Inspired by the operation of human social organisation, this paper presents a new architecture—a pyramid-committee—for developing society-oriented intelligence, whose structure imitates the organisation of human society in its decision making. The system takes a pyramid-like hierarchical structure with links in the pyramid forming a semi-lattice, which relate not only to nodes in the same layer, but also to others in different layers. The output of the system is a result of the negotiation and balancing of different interests. For such a (...)
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  • The St. Petersburg gamble and risk.Paul Weirich - 1984 - Theory and Decision 17 (2):193-202.
    One resolution of the St. Petersburg paradox recognizes that a gamble carries a risk sensitive to the gamble's stakes. If aversion to risk increases sufficiently fast as stakes go up, the St. Petersburg gamble has a finite utility.
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  • Expected utility and risk.Paul Weirich - 1986 - British Journal for the Philosophy of Science 37 (4):419-442.
    The rule to maximize expected utility is intended for decisions where options involve risk. In those decisions the decision maker's attitude toward risk is important, and the rule ought to take it into account. Allais's and Ellsberg's paradoxes, however, suggest that the rule ignores attitudes toward risk. This suggestion is supported by recent psychological studies of decisions. These studies present a great variety of cases where apparently rational people violate the rule because of aversion or attraction to risk. Here I (...)
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  • A descriptive multi-attribute utility model for everyday decisions.Jie W. Weiss, David J. Weiss & Ward Edwards - 2010 - Theory and Decision 68 (1-2):101-114.
    We propose a descriptive version of the classical multi-attribute utility model; to that end, we add a new parameter, momentary salience, to the customary formulation. The addition of this parameter allows the theory to accommodate changes in the decision maker’s mood and circumstances, as the saliencies of anticipated consequences are driven by concerns of the moment. By allowing for the number of consequences given attention at the moment of decision to vary, the new model mutes the criticism that SEU models (...)
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  • Jaffray’s ideas on ambiguity.Peter P. Wakker - 2011 - Theory and Decision 71 (1):11-22.
    This paper discusses Jean-Yves Jaffray’s ideas on ambiguity and the views underlying his ideas. His models, developed 20 years ago, provide the most tractable separation of risk attitudes, ambiguity attitudes, and ambiguity beliefs available in the literature today.
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  • The multiattribute linear ballistic accumulator model of context effects in multialternative choice.Jennifer S. Trueblood, Scott D. Brown & Andrew Heathcote - 2014 - Psychological Review 121 (2):179-205.
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  • Individual fairness in Harsanyi’s utilitarianism: operationalizing all-inclusive utility. [REVIEW]Stefan T. Trautmann - 2010 - Theory and Decision 68 (4):405-415.
    Fairness can be incorporated into Harsanyi’s utilitarianism through all-inclusive utility. This retains the normative assumptions of expected utility and Pareto-efficiency, and relates fairness to individual preferences. It makes utilitarianism unfalsifiable, however, if agents’ all-inclusive utilities are not explicitly specified. This note proposes a two-stage model to make utilitarian welfare analysis falsifiable by specifying all-inclusive utilities explicitly through models of individual fairness preferences. The approach is applied to include fairness in widely discussed allocation examples.
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  • To act or not to act: Nonconsequentialism in environmental decision-making.Carmen Tanner - 2009 - Ethics and Behavior 19 (6):479 – 495.
    Research on environmental-decision making is usually based on utilitarian models, which imply that people's decisions are only influenced by the outcomes. This research provides evidence for values and moral positions that reflect nonconsequentialist rather than consequentialist views. In doing this, this article refers to “sacred values,” which are values that are seen as not-substitutable and nontradable. Two studies were designed to examine evidence for sacred values and their role on act versus omission choices within the environmental domain. The studies revealed (...)
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  • Technology and Institutions: A Critical Appraisal of GIS in the Planning Domain.Raul P. Lejano - 2008 - Science, Technology, and Human Values 33 (5):653-678.
    GIS has captured planning practice to an unprecedented degree, and this article on how it reconfigures and is configured by institutional context. The author inquires into GIS as a technology for incorporating knowledge into institutional use and includes five propositions: GIS's efficiencies in data processing allows it unprecedented facility and scope of analysis, its use increases alienation, its mimetic language furthers its role in planning, its logic appears rational—purposive, but it conceals an underlying normative logic, and its most profound effect (...)
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  • On the existence of altruistic value and utility functions.Jay Simon - 2016 - Theory and Decision 81 (3):371-391.
    Altruism is a popular economic explanation for a wide range of pro-social decisions and actions. It has been applied frequently in several different streams of literature, and is a descriptively compelling model of behavior. This paper provides a theoretical framework for the existence of ordinal and cardinal altruistic value functions, as well as altruistic utility functions, based on an altruistic preference relation. Representation theorems are developed to specify relatively weak conditions under which altruistic value and utility functions can be shown (...)
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  • Just society.Rakesh K. Sarin - 2021 - Theory and Decision 91 (4):417-444.
    I examine the foundations of a just society using the lens of decision theory. The conception of just society is from an individual’s viewpoint: where would I rather live if I have an equal chance of being any individual? Three alternative designs for a just society are examined. These are: laissez-faire, maximin and social minimum. Two assumptions about human nature clarify the distinction among three societies. The first assumption is that a representative individual’s utility function is concave. The second assumption (...)
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  • Risk and diversification in theory choice.Alexander Rueger - 1996 - Synthese 109 (2):263 - 280.
    How can it be rational to work on a new theory that does not yet meet the standards for good or acceptable theories? If diversity of approaches is a condition for scientific progress, how can a scientific community achieve such progress when each member does what it is rational to do, namely work on the best theory? These two methodological problems, the problem of pursuit and the problem of diversity, can be solved by taking into account the cognitive risk that (...)
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  • The outranking approach and the foundations of electre methods.Bernard Roy - 1991 - Theory and Decision 31 (1):49-73.
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  • The Multi-Criteria Negotiation Analysis Based on the Membership Function.Ewa Roszkowska & Tomasz Wachowicz - 2014 - Studies in Logic, Grammar and Rhetoric 37 (1):195-217.
    In this paper we propose a multi-criteria model based on the fuzzy preferences approach which can be implemented in the prenegotiation phase to evaluate the negotiations packages. The applicability of some multi-criteria ranking methods were discussed for building a scoring function for negotiation packages. The first one is Simple Additive Weighting technique which determines the sum of the partial satisfactions from each negotiation issue and aggregate them using the issue weights. The other one is Distance Based Methods, with its extension (...)
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