Multiple tastes and beliefs with an infinite prize space (Q6074832): Difference between revisions

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Revision as of 22:51, 2 August 2024

scientific article; zbMATH DE number 7740196
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English
Multiple tastes and beliefs with an infinite prize space
scientific article; zbMATH DE number 7740196

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    Multiple tastes and beliefs with an infinite prize space (English)
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    19 September 2023
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    The authors of the paper consider the so called \textit{multi-prior expected multi-utility} representation. They present an axiomatization of this model when the prize space in an arbitrary compact metric space. The set of necessary axioms consists of eighteen assertions. Using the given axioms, the authors present several theorems on properties of the special preorder \(\succsim\) and similar relations \(\succsim^*\), \(\succsim^\wedge\), \(\succ^*\), \(\succ^\wedge\) defined in the space of all acts.
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    incomplete preferences under uncertainty
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    state-dependent utility function
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    multi-prior expected multi-utility representation
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    cautious expected utility
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