… Next, we consider how the anticipation of regret and disappointment may in uence decision
making. We use regret and disappointment theory, developed by the economists Bell (1982, …

… model of decision making under risk based on the concept of disappointment aversion. … a
particular specification of this theory, called disappointment weighted utility theory, in order to …

… model of decision making under uncertainty that (i) includes expected utility theory as a …
Then we will replace the independence axiom of expected utility theory with an alternative …

… disappointment) and euphoria (extreme elation). From another perspective, our theory extends
the financial approach to decision making as … A decision maker who is prone to gambling …

… The analysis of ERP topography yields a second advantage over single trace ERP analysis
which is essential to our goals of assessing the dual-system theory. Since electric fields at …

… When developing disappointment theory we deliberately set regret … Regret in decision
making under uncertainty.' Operations … Disappointment in decision making under uncertainty.' …

… our risk-value theory Jia and Dyer, 1995, 1996 and provide a simple extension of Bell’s …
disappointment as a psychological reaction to an outcome that does not meet a decision maker’…

… pi v(xi ), is taken as a measure of the decision maker’s prior expectation. … treatment of
Disappointment theory. Rather, our goal is to expose a novel approach to Disappointment theory, …

… However, some regret and disappointment theorists regard … are felt, and how they affect
decision making. The goal of the … According to regret and disappointment theories, regret arises …

… Following Savage's SEU theory (Fishburn, 1970), we define a DM's subjective lottery urn:x-wiley:10579214:media:mcda1657:mcda1657-math-0006
as a Savage act, which is a random …