Expected balanced uncertain utility
提出并分析预期平衡不确定效用理论，用先验和平衡结果集效用刻画决策者，通过包络的预期平衡效用为零的平衡值排序行为，允许介于性风险偏好，可解释阿莱悖论。
We introduce and analyze expected balanced uncertain utility (EBUU) theory . A prior and a balanced outcome‐set utility characterize an EBUU decision maker. Conditional on a reference or “balancing value,” the latter assigns a utility to each outcome‐set. The decision maker associates with each act, its envelope , the minimal measurable mapping from states to outcome‐sets that contains the act. She then (implicitly) ranks an act according to the balancing value at which the expected balanced utility of its associated envelope is zero. As a consequence, her risk preferences need only exhibit betweenness allowing for behavior that can accommodate Allais‐type paradoxes.