arxivecon.EMcs.AIstat.ME2026-07-08
Sensitivity to Subjective Expected Utility Maximization: A Methodological Study, with an Illustrative Application to LLM Decision-Making
Evaluating decisions made under uncertainty is hard when labeled outcomes are scarce, costly, or confounded with luck. We treat subjective expected utility (SEU) maximization as a stated standard and define a graded measure -- SEU sensitivity -- of an agent's conformity to it. Th…