Comparative statics and non-expected utility preferences (Q1825102)
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scientific article; zbMATH DE number 4119891
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| English | Comparative statics and non-expected utility preferences |
scientific article; zbMATH DE number 4119891 |
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Comparative statics and non-expected utility preferences (English)
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1989
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Researchers have shown that many, though not all, of the basic results of expected utility analysis can be more or less directly generalized to non-expected utility preferences. This paper describes the essential difference between results which can be extended in this manner and those which cannot, and shows that an important family of comparative statics theorems falls into the former class.
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expected utility
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non-expected utility preferences
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0.8485648036003113
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0.8434418439865112
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0.8342824578285217
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0.8258646726608276
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