Concepedia

Expected Utility Maximization

Expected Utility Maximization is a decision-theoretic framework that prescribes selecting the action or policy yielding the highest expected value of utility, where utility represents a preference order over uncertain outcomes, by weighting the utility of each possible outcome by its probability of occurrence.

1.2K

Publications

112.8K

Citations

2.1K

Authors

929

Institutions

Publications per year

2017–2026

182

Parents

Publications

1.2K

Maxmin expected utility with non-unique prior

Itzhak Gilboa, David Schmeidler · Journal of Mathematical Economics · 1989 · 4.2K citations

, , +8

A theory of anticipated utility

John Quiggin · Journal of Economic Behavior & Organization · 1982 · 3.2K citations

, , +11

Myopia and Inconsistency in Dynamic Utility Maximization

Robert H. Strotz · The Review of Economic Studies · 1955 · 2.9K citations

, , +16

Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses

W. Michael Hanemann · American Journal of Agricultural Economics · 1984 · 2.8K citations

, , +13

Utility Theory for Decision Making

Roger Adelson, Peter C. Fishburn · Operational Research Quarterly (1970-1977) · 1971 · 2.5K citations

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1–5 of 1.2K

Authors

2.1K

  1. PC
    Peter C. Fishburn

    AT&T (United States), United States

    12 publications · 3.1K citations

    12

    h-index

  2. PP
    Peter P. Wakker

    Erasmus University Rotterdam, Netherlands

    10 publications · 574 citations

    10

    h-index

  3. JQ
    John Quiggin

    The University of Queensland, Australia

    8 publications · 4.1K citations

    8

    h-index

  4. IK
    Ioannis Karatzas

    Columbia University, United States

    8 publications · 2K citations

    8

    h-index

  5. BB
    Bruce Bueno de Mesquita

    New York University, United States

    7 publications · 489 citations

    7

    h-index

1–5 of 2.1K

Institutions

929

  1. Carnegie Mellon University

    Pittsburgh, United States

    19 h-index

    33 publications

    5.4K citations

  2. University of Waterloo

    Waterloo, Canada

    17 h-index

    27 publications

    1.1K citations

  3. Stanford University

    Stanford, United States

    16 h-index

    21 publications

    3.8K citations

  4. Columbia University

    New York, United States

    16 h-index

    22 publications

    2K citations

  5. New York University

    New York, United States

    15 h-index

    19 publications

    1.9K citations

  6. University of California, Berkeley

    Berkeley, United States

    15 h-index

    26 publications

    7.7K citations

  7. Cornell University

    Ithaca, United States

    15 h-index

    31 publications

    1.3K citations

  8. University of Illinois Urbana-Champaign

    Urbana, United States

    14 h-index

    22 publications

    2.4K citations

1–8 of 929

Venues

  1. SSRN Electronic Journal

    Repository · 47 publications · 2.3K citations

    23

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  2. Econometrica

    27 publications · 9.8K citations

    23

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  3. American Journal of Agricultural Economics

    22 publications · 4.8K citations

    20

    h-index

  4. Management Science

    28 publications · 1.7K citations

    19

    h-index

  5. American Economic Review

    19 publications · 5.1K citations

    18

    h-index

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