Abstract
This chapter connects assumptions about probability distributions, decision makers’ risk attitudes, and the resulting methods used to order risky choices. The methods we discuss are consistent with the expected utility hypothesis because up to this point in time no alternative for decision making under risk has gained widespread acceptance.
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Robison, L.J., Myers, R.J. (2002). Ordering Risky Choices. In: Just, R.E., Pope, R.D. (eds) A Comprehensive Assessment of the Role of Risk in U.S. Agriculture. Natural Resource Management and Policy, vol 23. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-3583-3_3
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DOI: https://doi.org/10.1007/978-1-4757-3583-3_3
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4419-4924-0
Online ISBN: 978-1-4757-3583-3
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