A non-Bayesian theory of state-dependent utility

DOI10.3982/ECTA15916MaRDI QIDQ5239835zbMATH OpenOpenAlexWikidataFDO

Authors Brian Hill

Publication date 22 October 2019

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3982/ecta15916

zbMATH Keywords

ambiguityimprecise tastesmulti-utilitymultiple priorsstate-dependent utilityuncertainty aversion

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Recommendations

• Subjective expected utility theory with state-dependent preferences
• An expected utility theory for state-dependent preferences
• State-dependent utilities
• On the representation of beliefs by probabilities
• State-dependent strength-of-preference

Cited in

(13)

• The paradox of the Bayesian experts and state-dependent utility theory
• Certainty independence and the separation of utility and beliefs
• A theory of quantifiable beliefs
• A belief-dependent utility model
• An expected utility theory for state-dependent preferences
• Subjective expected utility theory without states of the world
• Regret-based optimal insurance design
• State dependent expected utility for Savage's state space
• A Definition of Subjective Probabilities with State-Dependent Preferences
• Preference robust state-dependent distortion risk measure on act space and its application in optimal decision making
• Multiple tastes and beliefs with an infinite prize space
• Beyond uncertainty aversion
• Non-Bayesian decision theory. Beliefs and desires as reasons for action.

This page was built for publication: A non-Bayesian theory of state-dependent utility

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5239835)