lecture 9 Flashcards

1
Q

what we understand with valuation of experiences?

A

how we evaluate experiences before, during and after

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2
Q

utility integration?

A

summing utility experienced over time

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3
Q

monotoncity criterion?

A

adding more pleasure/pain should increase/decrease total utility

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4
Q

non-discrimination principle?

A

timing does not matter for overall utility

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5
Q

what the article found?

A

the most important thing are peaks and ends not the sum of total utility

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6
Q

what types of utility there are?

A

decision utility, experienced utility and predicted utility

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7
Q

what was the experiment about?

A

people rating different experiences unpleasant or pleasant things. there where two conditions the duriation and intensity

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