| Article ID: | iaor1991351 |
| Country: | Netherlands |
| Volume: | 15 |
| Start Page Number: | 259 |
| End Page Number: | 271 |
| Publication Date: | Feb 1989 |
| Journal: | Information and Decision Technologies |
| Authors: | Keller L. Robin |
A number of new theories for decision making under risk have been proposed which relax some properties required by von Neumann-Morgenstern expected utility theory. This paper provides a framework for exploring the usefulness of these theories in the domains of descriptive, prescriptive, and normative decision analysis.