Abstract
A new axiomatic basis for the foundations of decision theory is introduced and its mathematical development outlined. The system combines direct intuitive operational appeal with considerable structural flexibility in the resulting mathematical framework.
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Bernardo, J.M., Ferrandiz, J.R. & Smith, A.F.M. The foundations of decision theory: An intuitive, operational approach with mathematical extensions. Theor Decis 19, 127–150 (1985). https://doi.org/10.1007/BF00132439
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DOI: https://doi.org/10.1007/BF00132439