Subjective recursive expected utility (Q852327): Difference between revisions
From MaRDI portal
Created a new Item |
Added link to MaRDI item. |
||
| links / mardi / name | links / mardi / name | ||
Revision as of 15:45, 30 January 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Subjective recursive expected utility |
scientific article |
Statements
Subjective recursive expected utility (English)
0 references
29 November 2006
0 references
An axiomatic definition of the subjective recursive expected utility (SREU) is described and provided. It is an extension of results given in [\textit{D. M. Kreps, E. L. Porteus}, Econometrica 46, 185--200 (1978; Zbl 0382.90006)]. All proofs are given in the appendix. It is an important generalization of the particular definition of the SREU.
0 references
Uncertainty
0 references
Risk information
0 references
