Revisiting savage in a conditional world

From MaRDI portal
Publication:1865204


DOI10.1007/s001990100188zbMath1030.91017MaRDI QIDQ1865204

Paolo Ghirardato

Publication date: 25 March 2003

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s001990100188


91B06: Decision theory

91B16: Utility theory


Related Items

Do Bayesians Learn Their Way Out of Ambiguity?, Unnamed Item, A life-cycle model with ambiguous survival beliefs, A Unified Framework for Bayesian and Non-Bayesian Decision Making and Inference, Subjective expected utility through stochastic independence, Unrealized arbitrage opportunities in naive equilibria with non-Bayesian belief processes, Preference for knowledge, The sure-thing principle, Subjective probability, confidence, and Bayesian updating, Rationality of belief or: why Savage's axioms are neither necessary nor sufficient for rationality, Nest-monotonic two-stage acts and exponential probability capacities, A dynamic Ellsberg urn experiment, Asset pricing in a Lucas fruit-tree economy with the best and worst in mind, Dynamically consistent CEU preferences on \(f\)-convex events, Updating toward the signal, A decision-theoretic model of asset-price underreaction and overreaction to dividend news, Coherent Dempster-Shafer equilibrium and ambiguous signals, Dynamic consistency for non-expected utility preferences, Dynamic consistency, valuable information and subjective beliefs, Foundations of Bayesian theory, Weighted sets of probabilities and minimax weighted expected regret: a new approach for representing uncertainty and making decisions, The value of information under unawareness, ``Agreeing to disagree type results under ambiguity, Valuing future cash flows with non separable discount factors and non additive subjective measures: conditional Choquet capacities on time and on uncertainty, Bayesian coalitional rationalizability, Recursive smooth ambiguity preferences, A model of minimal probabilistic belief revision, Expected utility without parsimony, Dynamic consistency of expected utility under non-classical (quantum) uncertainty, Foundations for optimal inattention, Uncertain discount and hyperbolic preferences, Conditional expected utility, Models for pessimistic or optimistic decisions under different uncertain scenarios, On dynamic consistency in ambiguous games, Bayesian optimism, Expanding state space and extension of beliefs, Agreement theorem for neo-additive beliefs, Biased Bayesian learning with an application to the risk-free rate puzzle, Dynamic decision making under ambiguity: an experimental investigation, Price probabilities: a class of Bayesian and non-Bayesian prediction rules, Robust bidding and revenue in descending price auctions, Updating confidence in beliefs, Ambiguity under growing awareness, Dynamically consistent objective and subjective rationality, Subjective probability and stochastic independence, Dynamic semi-consistency, Dynamic consistency and ambiguity: a reappraisal, Subjective expected utility with imperfect perception, Social and strategic ambiguity versus betrayal aversion, Dutch book rationality conditions for conditional preferences under ambiguity, Consequentialism and dynamic consistency in updating ambiguous beliefs, Stable behavior and generalized partition, Updating pricing rules, Subjective contingencies and limited Bayesian updating, Context dependence and consistency in dynamic choice under uncertainty: the case of anticipated regret, Unambiguous events and dynamic Choquet preferences, Preference for flexibility and dynamic consistency, Ambiguity aversion under maximum-likelihood updating, Incomplete preferences on conditional random quantities: representability by conditional previsions, Relative maximum likelihood updating of ambiguous beliefs, Updating variational (Bewley) preferences, An axiomatic characterization of Bayesian updating, Ambiguity and the Bayesian Paradigm, RISK MEASURES: RATIONALITY AND DIVERSIFICATION