(redirected from Rank-Dependent Utility)
RDURank-Dependent Utility
RDURegional Distribution Unit
RDURear Drive Unit
RDURemote Display Unit
RDURapid Deployment Unit (Teleware)
RDURassemblement pour la Démocratie et l'Unité (French: Rally for Democracy and Unity, Mauritania)
RDURenal Dialysis Unit
RDUReceipt and Despatch Unit (US Navy)
RDUReasonable Drivers Unanimous
RDURefrigerated Detector Unit
RDURemote Diagnostic Unit (Bendix ABS)
RDURegional Decision Units
RDUReptiles Down Under (Australia)
RDURaleigh/Durham, NC, USA - Raleigh Durham International Airport (Airport Code)
RDURestricted Duties
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References in periodicals archive ?
The rank-dependent utility model (Quiggin 1982) has become a prominent alternative to yon Neumann Morgenstern expected utility framework when no negative payoffs are involved (see the surveys by Starmer 2000 and Schmidt 2004).
Rank-dependent utility departs from expected utility in two major assumptions.
To concisely represent the objective function of a rank-dependent utility maximizer, we define four weights as follows:
The rank-dependent utility of DM is then written as follows:
Generalized expected utility theory: The rank-dependent utility model.
(2) Quiggin's (1982) rank-dependent utility model is considered one of the prominent alternatives to von Neuman Morgenstern's (1944) expected utility.