Their discussion offers a conceptual framework for incorporating risk into peer review models of research proposals by leveraging the Subjective Expected Utility (SEU) approach to decouple reviewers’ ...
This is a preview. Log in through your library . Abstract Using axioms no stronger than those for the Neumann-Morgenstern expected utility hypothesis, with the recognition of finite sensibility, it is ...
Lane, Jacqueline N. "The Subjective Expected Utility Approach and a Framework for Defining Project Risk in Terms of Novelty and Feasibility—A Response to Franzoni and Stephan (2023), ‘Uncertainty and ...