Utility Functions for Infinite-Period Planning

Harvey, C.M. (1986). Utility Functions for Infinite-Period Planning. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-86-082

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This paper presents a systematic discussion of decision analysis models for attitudes toward risk when the effects of a public policy choice extend into the distant or unbounded future. Several issues of social risk attitudes are identified and discussed. Conditions on preferences are presented by which value judgments concerning these issues can be included in a formal model for a public policy evaluation.

Item Type: Monograph (IIASA Working Paper)
Research Programs: System and Decision Sciences - Core (SDS)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:56
Last Modified: 27 Aug 2021 17:12
URI: https://pure.iiasa.ac.at/2779

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