Different qualitative models have been proposed for decision under uncertainty in Artificial Intelli gence, but they generally fail to satisfy the princi ple of strict Pareto dominance or principle of "ef ficiency", in contrast to the classical numerical cri terion — expected utility. In [Dubois and Prade, 1995J qualitative criteria based on possibility the ory have been proposed, that are appealing but inef ficient in the above sense. The question is whether it is possible to reconcile possibilistic criteria and efficiency. The present paper shows that the an swer is yes, and that it leads to special kinds of expected utilities. It is also shown that although nu merical, these expected utilities remain qualitative: they lead to two different decision procedures based on min, max and reverse operators only, generaliz ing the leximin and leximax orderings of vectors. DECISION THEORY 303