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Modelling subjective utility through entropy

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Published in 2019 at "Journal of the Operational Research Society"

DOI: 10.1080/01605682.2018.1457477

Abstract: Abstract We introduce a novel entropy framework for the computation of utility on the basis of an agent’s subjective evaluation of the granularised information source values. A concept of evaluating agent as an information gain… read more here.

Keywords: agent; entropy; utility; information source ... See more keywords