预决策旁注对效用最大化者的价值

The Value of Pre-Decision Side Bets for Utility Maximizers

Management Science · 1988
被引 13
人大 A+FT50UTD24ABS 4*

中文导读

当某个选项仅在决策者财富超过临界水平时才具吸引力时,先参与一个独立的旁注可能比直接接受或拒绝该选项更优。

Abstract

If an alternative is attractive only at certain wealth levels of a decision maker, typically above some critical level, then there will be occasions when it is better to enter into an independent side bet prior to making a decision, than to accept or reject the alternative outright.

预决策赌注效用最大化临界财富水平决策策略