Maxmin expected utility over Savage acts with a set of priors
From MaRDI portal
Publication:1577928
DOI10.1006/jeth.1999.2630zbMath0980.91017MaRDI QIDQ1577928
Peter Klibanoff, Emre Ozdenoren, Ramon Casadesus-Masanell
Publication date: 27 August 2000
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/83222f40c9ef2e1ce318c35c30f9022626a70f08
91B16: Utility theory
Related Items
COHERENT ACCEPTABILITY MEASURES IN MULTIPERIOD MODELS, Cobb-Douglas preferences under uncertainty, Maxmin expected utility with additivity on unambiguous events, Reexamination on updating Choquet beliefs, Purely subjective maxmin expected utility, Fuzzy logic-based generalized decision theory with imperfect information, Modeling nonmonotone preferences: the case of utility smoothing, Ambiguity aversion and trade, Utility independence of multiattribute utility theory is equivalent to standard sequence invariance of conjoint measurement, Completing the state space with subjective states, Ambiguity made precise: A comparative foundation, Smoothing preference kinks with information, On regularities of mass phenomena, The likelihood method for decision under uncertainty, Purely subjective extended Bayesian models with Knightian unambiguity, Imprecise probabilistic beliefs as a context for decision-making under ambiguity, Recursive multiple-priors., Maxmin expected utility through statewise combinations, Ranked additive utility representations of gambles: Old and new axiomatizations, Conditional preferences and updating., Auctions with uncertain numbers of bidders, Decision making in phantom spaces, Portfolio inertia and epsilon-contaminations, Monetary equilibria and Knightian uncertainty, Purely subjective variational preferences, Ambiguity and the Bayesian Paradigm, Optimal Portfolio Choice Based on α-MEU Under Ambiguity
Cites Work
- Unnamed Item
- Unnamed Item
- Ambiguity made precise: A comparative foundation
- Continuous subjective expected utility with non-additive probabilities
- Maxmin expected utility with non-unique prior
- On the use of capacities in modeling uncertainty aversion and risk aversion
- Savage's theorem with a finite number of states
- Additivity with multiple priors
- Choquet expected utility with a finite state space: Commutativity and act-independence
- On indepedence for non-additive measures, with a Fubini theorem
- Maxmin expected utility through statewise combinations
- Subjective expected utility with non-additive probabilities on finite state spaces
- Uncertainty aversion and preference for randomisation
- Risk, Ambiguity, and the Savage Axioms
- Subjective Probability and Expected Utility without Additivity
- A More Robust Definition of Subjective Probability
- A Simple Axiomatization of Nonadditive Expected Utility
- A Definition of Uncertainty Aversion
- A Definition of Subjective Probability