Generalized Expected Utility Theory: The Rank-Dependent Model

Book Description

Economic analysis of choice under uncertainty has been dominated by the expected utility (EU) model, yet the EU model has never been without critics. Psychologists accumulated evidence that individual choices under uncertainty were inconsistent with the predictions of the EU model. Applied work in areas such as finance was dominated by the simpler mean-variance analysis. In the 1980s this skepticism was dispelled as a number of generalizations of EU were proposed, most of which were capable of explaining evidence inconsistent with EU, while preserving transitivity and dominance. Generalized expected utility is now a flourishing subfield of economics, with dozens of competing models and considerable literature exploring their theoretical properties and comparing their empirical performance. But the EU model remains the principal tool for the analysis of choice under uncertainty. There is a view that generalized models are too difficult to handle or incapable of generating sharp results. This creates a need to show that the new models can be used in the kinds of economic analysis for which EU has been used, and that they can yield new and interesting results. This book meets this need by describing one of the most popular generalized models -- the rank-dependent expected utility model (RDEU), also known as anticipated utility, EU with rank-dependent preferences, the dual theory of choice under uncertainty, and simply as rank-dependent utility. As the many names indicate, the model has been approached in many ways by many scientists and for this reason, consideration of a single model sheds light on many of the concerns that have motivated the development of generalized utility models. The popularity of the RDEU model rests on its simplicity and tractability. The standard tools of analysis developed for EU theory may be applied to the RDEU model, but since RDEU admits behavior inconsistent with EU, the field of potential applications is widened. As such, the RDEU model is not as much a competitor to EU as an extension based on less restrictive assumptions.

Generalized Expected Utility Theory - The Rank-Dependent Model. (book reviews): An article from: Journal of Risk and Insurance

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Generalized Expected Utility Theory - The Rank-Dependent Model. (book reviews): An article from: Journal of Risk and Insurance
Georges Dionne
Manufacturer: American Risk and Insurance Association, Inc.
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

Book Description

This digital document is an article from Journal of Risk and Insurance, published by American Risk and Insurance Association, Inc. on December 1, 1996. The length of the article is 1005 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Generalized Expected Utility Theory - The Rank-Dependent Model. (book reviews)
Author: Georges Dionne
Publication: Journal of Risk and Insurance (Refereed)
Date: December 1, 1996
Publisher: American Risk and Insurance Association, Inc.
Volume: v63 Issue: n4 Page: p715(3)

Article Type: Book Review

Distributed by Thomson Gale

Book Description

In moments of grief or loss, we often turn to the written word to say what cannot be said aloud. Indeed, directing sadness, rage, or confusion at the page can be tremendously cathartic and liberating. As we express our deepest feelings without reserve in poetry or prose, we feel the power of our words begin to draw out some of the pain in our hearts and replace it with hope. But fears about writing honestly and self-criticism can stand in the way of making use of this powerful therapeutic tool. With Pen in Hand is an inspirational and practical guide to breaking through these roadblocks and to helping one "write to heal." Outlining writing techniques that are best for working through pain and for privately collecting raw emotions--"Writing a Letter of Goodbye," "Interviewing Your Body," "Rapid-Writing," and more--Henriette Klauser shares stories and tips that will help readers gain comfort from what they commit to paper. For the accomplished writer and non-writer alike, With Pen in Hand will help one make use of the kind of expression that in the aftermath of a crisis or loss, can make one whole again.

Customer Reviews:

Cheaper Than a Psychiatrist.......2006-07-24

I pulled this book from the library with a number of others and almost returned it unread. I'm glad that I didn't do that, however, because I've gotten so much out of it. I have used this type of journal writing for a number of years and can testify to its healing powers. I am always amazed at how quickly peace can come or how solutions can appear just by moving the pen across the page. In spite of the fact that I have been practicing what this book is "preaching", I was still able to glean some practical tips and inspiration to continue using this in my daily life even when I'm not faced with some earth-shattering crisis. I'd highly recommend this. It's cheaper than a psychiatrist and safer than drugs and all you have to do is pick up a pen.

Healing through writing is exceptional.......2006-01-31

These books, including my own, 'Second Chance Ranch', and Joan Didion's 'The Year of Magical Thinking,' will become more widely read as babyboomers age and begin to come to terms with loss(es). Ms. Klauser is a wonderful writer, and this is a wonderful book.

Healing through writing.......2003-01-25

I read this book for an article for Journals at BellaOnline.com. I found this to be one of the finest books on journal writing that I've read so far. It is not for everyone. However, if you have suffered a painful experience and don't seem to find your way out of it--I suggest this book. I have found writing to be therapeutic also. Dr. Klauser gives suggestions on techniques that help a hurting person write. She does this through the stories of people who have used different techniques to heal from painful and sometimes horrific circumstances. I highly recommend this book.

Customer Reviews:

Great Pictures, Warm Memories.......2004-11-05

I'm not old enough to recognize all of the places featured here, but it is interesting to see all of the restaurants. Here you'll find everything from haute cuisine to roadside diners. A wonderful collection of memories that captures the spirit of eras gone by.

Wonderful and colorful nostalgia!.......2003-09-13

Fellow Minnesota oldsters and yuppies alike will have a ball browsing through this lovely coffee table book of the historic eateries in our home state. I was delighted to find a photo of the menu for my Dad's Minneapolis restaurant, the 620 Club, which he owned and operated with partners Max & Henry Winter from 1935 to 1965. (Max and Dad had been among the partners in the Minneapolis Lakers basketball team, and Max went on to found the Minnesota Vikings.) And then there was Charlie's Cafe Exceptionale. Ohhhh, how I miss Charlie's! Chuck Saunders' chef, Russian emigre Harry Walkowitz, also headed up the 620's kitchen for a number of years both before and after his stint at Charlie's. No wonder the food was so good at both places. Harry's secret: "I use lots of booouuter."

The Travel Guru CD : Turn Your Love Of Travel Into A Rewarding Home Business
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The Travel Guru CD : Turn Your Love Of Travel Into A Rewarding Home Business
Bill Reitter
Manufacturer: Guru Publishing
ProductGroup: Book
Binding: CD-ROM

Home Based | Small Business & Entrepreneurship | Business & Investing | Subjects | Books
ASIN: 0970926014

Book Description

Synopsis. The Travel Guru is a business manual that clearly explains how to operate a tour and travel service from your home or office. The reader is guided through a step-by-step process of identifying a target niche, choosing a dynamic name, setting up shop and researching travel suppliers on the Internet. Readers will also discover how to design and plan exciting and popular itineraries for particular types of groups, how to construct attractive promotional fliers and how to effectively market the many groups in the local community. Finally, readers will learn how to conduct a successful first tour, and then how to turn that first customer into a repeat client.

This is the most complete and helpful home business guide to deal specifically with the tremendous potential of the group tour market, which is one of the fastest growing segments of the entire travel industry. Among the many special highlights of the book are the extensive lists of types of groups and types of tours. The key to success in this business is carving out a niche which uniquely suites the owner's abilities and then finding others who share those same interests. The advent of computers with high-speed Internet access has revolutionized the way travel bookings are made. Never before has it been so fast and convenient to set up package plans for group tours, especially for small groups with specialized needs and interests. Anyone with a love of travel and a knack for dealing honestly with people can achieve satisfaction and success by providing these much-needed services to groups in their local community. See Types of Groups and Types of Tours.

Also included are several inspiring success stories from homemakers and mompreneurs who have achieved their goals by following the guidelines in this manual. Potential problems, legal issues, safety and insurance are discussed, along with tips for dealing with difficult passengers and bargaining with suppliers. Sample business forms such as confirmation forms and sign-up sheets are provided. The various rolls of all the different professionals in the tour industry are explained so that the entrepreneur can decide which functions can be profitably assumed and which ones are better left to the travel agent or attorney. The Independent Tour Operator is really a coordinator of many services and must wear many hats.

The extent of involvement depends on experience, knowledge and ability to perform these rolls. This could include the rolls of research, design, sales, bookkeeping, and even the actual conducting of tours. This might eventually include leading, guiding, instructing and even driving many of the small group tours. It all depends on how much time and effort the owner is willing and able to invest in the enterprise. Some have found success and happiness merely by booking busses for charter transportation on a part-time basis. Others have assumed many rolls and reaped rewards of a satisfying and profitable home business.

Included also is detailed information and advice about motorcoach touring, cruising, rail tours and air/hotel packages. The tours can be educational day trips or weeklong adventure tours. The reader will learn how to locate and book the best deals on resorts, restaurants, museums, sporting events and theatres, gardens, and amusement parks. But some of the most popular tours are outlet shopping sprees, city tours and historic villages, just to name a few! Please see my new website grouptourguru.com.

The Travel Guru features an excellent up-to-date bibliography, which includes tour books, marketing books, cruise guides and home business manuals. Best of all: an extensive resource section that includes hundreds of new tour and travel websites to help research group tour services, group discounts and package plans. This practical manual will be available in three formats: paperback, CD with hyperlinks, and e-book. It will be published by X-Libris this summer.

Target Audience: It is well known that tour and travel is one of the largest and fastest-growing segments of the economy. Most people still prefer to travel as individuals, couples or as families. But the number of affinity groups such as senior citizen groups, adventure clubs and business associations is growing rapidly according to the TIA (Travel Industry Association of America). Many of these new groups have inexperienced activity directors and social coordinators who do not know the first thing about researching and designing itineraries and tour packages. In the past these group leaders looked mainly to travel agents to fill these needs but everything in the tour business is changing. Travel service providers are now dealing directly with the public via the Web.

Effective Group Facilitation in Education: How to Energize Meetings and Manage Difficult Groups
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The facilitator's Bible: cultivating and creating.

Effective Group Facilitation in Education: How to Energize Meetings and Manage Difficult Groups
John F. Eller
Manufacturer: Corwin Press
ProductGroup: Book
Binding: Paperback

General | Education | Nonfiction | Subjects | Books
Pedagogy | Education | Nonfiction | Subjects | Books
School Management | Education Theory | Education | Nonfiction | Subjects | Books
General | Education | Professional & Technical | Subjects | Books
All Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
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Now, Discover Your Strengths

ASIN: 1412904625

Book Description

Practical pointers for maximizing meetings and motivating team members!

At their worst, meetings can waste time, lack focus, foster a combative spirit, or be just plain boring. At their best, meetings can be a positive, dynamic experience that nurtures individual strengths while inspiring teamwork to successfully accomplish an established task. The fate of a meeting lies in the skill of the facilitator, and this easy-to-use guide has all the tips and tools necessary to make you shine in this challenging role.

Anyone charged with navigating a group of people toward a desired objective will benefit from this book’s indispensable features, which include:

Templates for easy implementation at every stage of the facilitation process
Straightforward tactics for managing difficult participants and emotionally charged situations
Realistic examples to help you avoid pitfalls
Surefire methods for delegating in a meaningful and respectful manner

From pre-meeting preparation, to the meeting’s critical first few minutes, to its conclusion and beyond, this manual provides step-by-step guidance for the entire facilitation process. It is packed with proven do’s and don’ts based on psychological principles, research, real-life experience, and field-tested best practices. The user-friendly strategies focus on such key areas as team building, brainstorming, motivating, overcoming problematic situations, reaching goals, and assessing results.

Customer Reviews:

The facilitator's Bible: cultivating and creating........2004-12-11

Finally, a book that is easy to follow, addresses the most common problems encountered by facilitators, and offers practical advice to both novice and pro alike in creating effective group work. Eller gives tips on how to manage difficult individuals with everyday gestures and postures and ways to diffuse a tense environment. Every chapter from "What am I getting into" to "Reaching Peak Performance: connecting their minds" and more is well-designed and deals with every complexity and situation imaginable for those involved in education. Whether you are looking for strategies to enhance the environment that the group will meet in or ways to make sure that the task at hand is not forgotten, this book contains ideas and contemporary models to put the facilitator's mind at ease and allow the team members to focus on the agenda, not petty problems. In addition, the author introduces in chapter seven a concise and clear path to attain the desired goal and does so in a manner that proves to be innovative and stimulating. Most of the books on the shelf that offer the reader suggestions tend to be rather dry and boring or use techniques and situations that haven't occured in many decades. Poignant and refreshing. Mr Eller gets an A+.

How to Manage Meetings (The Sunday Time Creating Success)

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Right on time: how to make meetings work

How to Manage Meetings (The Sunday Time Creating Success)
Alan Barker
Manufacturer: Kogan Page
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books

Decision-Making & Problem Solving | Management & Leadership | Business & Investing | Subjects | Books

Management | Management & Leadership | Business & Investing | Subjects | Books

Running Meetings & Presentations | Skills | Business & Investing | Subjects | Books
ASIN: 0749445475

Book Description

Meetings are essential to business: They help us learn, exchange information and make decisions. Still, most of us dread the thought of attending yet another meeting because many of them are poorly planned and executed. Author Alan Barker offers guidance on how to get meetings right and reap the rewards of an efficient, successful meeting.

Contents include: Preparing for a meeting, Effective participation, Chairing a meetings, Group dynamics, Problem-solving within a group, Different types of meetings and Follow-up actions.

Customer Reviews:

Right on time: how to make meetings work.......2007-04-16

Alan Barker knows just about everything about meetings, and in this somewhat academic discussion of the ubiquitous business meeting, he outlines it all for you - quite literally, as the book consists almost entirely of headings, bullet points, sidebars and drills. Using this easy-to-read structure, Barker presents a variety of insightful ways to look at problems and inspire creative thinking. We recommend this book to managers who wonder why their meetings go on for so long yet fail to lead to action. Meeting-wise, it leaves no stone unturned.

Creating Corporate Audio-Visual Presentations: How to Commission and Manage Successful Projects

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Creating Corporate Audio-Visual Presentations: How to Commission and Manage Successful Projects
Richard Worth
Manufacturer: Quorum Books
ProductGroup: Book
Binding: Hardcover

General | Photography | Arts & Photography | Subjects | Books

General | Business & Investing | Subjects | Books

Management | Management & Leadership | Business & Investing | Subjects | Books

Running Meetings & Presentations | Skills | Business & Investing | Subjects | Books
ASIN: 0899304974

Book Description

Successful audio-visual presentations are the result of careful management by--as well as creative collaboration between--the client and the professional communications firm. Because of their high visibility within the corporation, presentations risk falling prey to "script by committee" unless there is a clear plan at hand for managing the project. Executives who find themselves responsible for a presentation need to be fully aware of what audio-visual can and cannot do--and how to go about getting it done right. In this how-to guide for corporate executives, author Richard Worth covers every step of the process in sequence, from determining objectives to preparing for production and post-production. While the emphasis is on working with an audio-visual professional, Worth also includes "do-it-yourself" tips for readers who want to keep the project in-house. Selecting slides, video, film or multimedia is one of the first choices to make. This decision, like others that follow, should be based on a determination of purpose, audience and message. Worth provides easy-to-follow worksheets to help get the planning process going. Readers looking for budget guidelines will learn how much money they will need to invest to get the presentations they want. And, to help readers select the communications professional they will be working with, Worth offers down-to-earth advice based on his years of practical experience. In non-technical language, he critiques and analyzes samples of script proposals and treatments, providing valuable insight into the creative process. Any executive or manager responsible for sales, training, public relations, fund-raising, employee relations, or recruitment will find this a valuable resource for planning and implementing effective presentations.

Does your supply chain manage you? Process management: it's not what gets done but how it gets done.(Editorial): An article from: Food Processing

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Does your supply chain manage you? Process management: it's not what gets done but how it gets done.(Editorial): An article from: Food Processing
Dave Fusaro
Manufacturer: Putman Media, Inc.
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

Book Description

This digital document is an article from Food Processing, published by Putman Media, Inc. on April 1, 2005. The length of the article is 483 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Does your supply chain manage you? Process management: it's not what gets done but how it gets done.(Editorial)
Author: Dave Fusaro
Publication: Food Processing (Magazine/Journal)
Date: April 1, 2005
Publisher: Putman Media, Inc.
Volume: 66 Issue: 4 Page: 7(1)

Article Type: Editorial

Distributed by Thomson Gale

How to Manage Priorities and Meet Deadlines (Audio Seminars)

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How to Manage Priorities and Meet Deadlines (Audio Seminars)

Manufacturer: Nightingale Conant
ProductGroup: Book
Binding: Audio Cassette
ASIN: B000E0G4VU

Product Description

Do you have difficulty accomplishing your most important tasks - the ones most important to your career success? Do you feel disorganized? Do you forget things you must do, or lose track of appointments, dates, deadlines?

HOW TO MANAGE YOUR MEETING AND SIMPLIFIED PARLIAMENTARY PROCEDURE

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HOW TO MANAGE YOUR MEETING AND SIMPLIFIED PARLIAMENTARY PROCEDURE
Harold W. and Grant Henderson Donahue
Manufacturer: Droke House
ProductGroup: Book
Binding: Hardcover
ASIN: B000OYNG44

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How to manage your meeting,
Harold W Donahue
Manufacturer: Droke House; distributed by Grosset & Dunlap, New York
ProductGroup: Book
Binding: Unknown Binding

Rules of Order | Etiquette | Reference | Subjects | Books

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How to Organize and Manage a Seminar
Sheila L. Murray
Manufacturer: Prentice Hall Trade
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books
ASIN: 0134251814

Communication Essentials (AMA Management Action Series)

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Communication Essentials (AMA Management Action Series)

Manufacturer: American Management Association
ProductGroup: Book
Binding: Audio Cassette
ASIN: B000Q3E8F4

Product Description

(Contains 6 cassettes) Listen to this exceptional group of management action cassettes and learn the skills you need to rise to the top! 1) It's your meeting, make it work. How to manage meetings, the critical links in your company's chain of communication. Develop realistic agendas and objectives. Create guidelines to control runaway discussions, clarify issues, and summarize main points. 2) Listening: The quiet side of communication. Do you often feel your employees aren't telling you the whole story? This tape gives you the skills you need to listen with all your senses and pick up the underlying feelings and messages behind the words. 3) One-to-one communication: How to get the results you want. Nothing you do is more critical to your getting results than your ability to communicate one to one. Make a difference in your day-to-day management success with the techniques outlined on this tape. 4) Winning approval for your ideas. Now you have to sell it. Apply the four Cs of successful advocacy, capturing attention, clarifying your message, compelling belief in your idea and convincing your listeners that your idea is practical and profitable. 5) How to deliver unpopular messages. Whether you have to criticize an employee, deny a request, or deliver bad news to groups or individuals, this tape is for you. Packed with specific solutions and down-to-earth examples. 6) How to negotiate anywhere, anytime, every day. Use new and different strategies of negotiating with family, friends, and business associates. Learn a set of five principles tailored to each situation.

Create outstanding videoconferences: How to plan, produce, and manage two-way video meetings

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Create outstanding videoconferences: How to plan, produce, and manage two-way video meetings
Eric Craven
Manufacturer: V.A. Ostendorf
ProductGroup: Book
Binding: Unknown Binding

General | Business & Investing | Subjects | Books
ASIN: B0006EX7FK

Book Description

Is there life after college? Yes, and it is a scary jungle where obstacles and pitfalls lay in the grass alongside opportunity. Malaria Shots Not Included: A Guide to Surviving Life After College can help young grads safely navigate the wild rivers of early adulthood. A collection of personal essays, journal assignments, quotes from other twentysomethings, and photographs, the book feels like an intimate conversation with a friend who understands your darkest fears and believes in your greatest dreams. It is designed to help recent college grads grapple with the complex and confusing transition into the “real world.”

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It may change your life. A refreshing departure from mainstream

Book Description

Through trial and error, Marc Allen discovered a specific set of principles to help people attain financial success and lasting satisfaction while doing what they love. The tools are simple, and everyone has them: "a miraculous body, a phenomenal brain, and a vast and powerful subconscious mind. Now it's just a matter of focusing them in the right direction." In his books and seminars, Allen shows how to create one's ideal scene; discover higher purpose; write a business plan simply and effectively; find capital to start a business; and discover the benefits of adversity. Listeners can gain this wisdom at their convenience in this three-CD set. Recorded live at the author's seminars, this is an audio original — not an audio version of the author's book of the same name. Noted for his humorous, relaxed style, Allen offers both inspiration and instruction in The Millionaire Course Seminar, putting the listener on the right track both philosophically and psychologically. Not simply a set of motivational ideas, the course is a powerful plan for creating a life of material and spiritual abundance.

Customer Reviews:

not great, not bad..........2007-01-11

This is ok. If you can see past all the new age stuff, then you might like it. This person is of the school of thought of Zen, and Eckhart Tolle, so if you like that stuff, I recommend this audio book.

"Misleading".......2005-02-24

This book/CD would never have been published if the author wasn't also the publisher. I guess once your rich you can get away with a lot. I'm just glad I checked it out at the library! If you are into new-age/metaphysical mumbo-jumbo you'll love this. It reeked of "A Course in Miracles", and listening to Marc Allen reminded me a lot of Wayne Dyer (voice and monotone). After trashing this work I will point out that the author did speak about prioritizing and acting on your dreams. These two attributes alone should account for at least 3 stars. I just found it boring, and am sick of authors like Marc Allen, Donald Trump, Robert Kiyosaki, Mark Fisher, Anthony Robbins, etc. throwing the word 'millionaire' or 'billionaire' into the title--just to trap the unaware. I've listened to tons of the stuff, read the books and tried some of the methods. I aint rich yet. Hey, I've got an idea! Maybe I should write a book...I'll call it "Let's All Be Millionaires (or Billionaires). At least I'll get rich!

Advice beyond business.......2004-04-22

This audio book has words of wisdom from a self-made millionaire who takes a more relaxed approach to life's challenges and situations than most `Type A' success stories. The main focus here is learning to do what you love and creating a career out of it. Some of the lesson topics include: "Imagine your ideal scene," "Discover your core beliefs, and learn how to change them," and "Grow at your own pace.

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