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Journal of Optimization Theory and Applications

, Volume 47, Issue 1, pp 109–113 | Cite as

A note on Bernoulli's principle and probability dominance

  • M. Scarsini
Technical Note

Abstract

The concept of β-dominance proposed by Wrather and Yu (Ref. 1) is shown to be not equivalent to that of expected utilities, which depend on the chosen alternative and the not chosen alternative.

Key Words

Expected utility regret probability dominance 

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References

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Copyright information

© Plenum Publishing Corporation 1985

Authors and Affiliations

  • M. Scarsini
    • 1
  1. 1.Istituto di Matematica FinanziariaUniversita di ParmaParmaItaly

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