Dutch books: Avoiding strategic and dynamic complications, and a comonotonic extension
From MaRDI portal
Publication:1867804
DOI10.1016/S0165-4896(01)00084-1zbMath1023.91011OpenAlexW2131050218MaRDI QIDQ1867804
Enrico Diecidue, Peter P. Wakker
Publication date: 2 April 2003
Published in: Mathematical Social Sciences (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/s0165-4896(01)00084-1
Related Items (18)
A simple model of cumulative prospect theory ⋮ Information processing under imprecise risk with an insurance demand illustration ⋮ Incomplete preferences on conditional random quantities: representability by conditional previsions ⋮ Investment behavior under ambiguity: the case of pessimistic decision makers ⋮ Deriving Harsanyi's utilitarianism from de Finetti's book-making argument ⋮ Coherence without additivity. ⋮ On linear aggregation of infinitely many finitely additive probability measures ⋮ Comonotonic book making and attitudes to uncertainty. ⋮ Belief and probability: a general theory of probability cores ⋮ Preferences representable by a lower expectation: Some characterizations ⋮ Models for pessimistic or optimistic decisions under different uncertain scenarios ⋮ Survival risks, intertemporal consumption, and insurance: the case of distorted probabilities ⋮ Reconciling support theory and the book-making principle ⋮ Valuing future cash flows with non separable discount factors and non additive subjective measures: conditional Choquet capacities on time and on uncertainty ⋮ Eliciting decision weights by adapting de Finetti's betting-odds method to prospect theory ⋮ Dutch book rationality conditions for conditional preferences under ambiguity ⋮ Comparative expectations ⋮ Rawlsian maximin, Dutch books, and non-additive expected utility
Cites Work
- Arbitrage, rationality, and equilibrium
- De Finetti's coherence and statistical inference
- Generalized Gini inequality indices
- On the use of capacities in modeling uncertainty aversion and risk aversion
- Advances in prospect theory: cumulative representation of uncertainty
- Recent developments in modeling preferences: Uncertainty and ambiguity
- Indeterminate probabilities on finite sets
- Representation of capacities
- The role of aspiration level in risky choice: A comparison of cumulative prospect theory and SP/A theory
- Probabilistic insurance
- Money does not induce risk neutral behavior, but binary lotteries do even worse
- Options traders exhibit subadditive decision weights
- Coherent odds and subjective probability
- Continuous linear representability of binary relations
- Risk, Ambiguity, and the Savage Axioms
- Parameter-Free Elicitation of Utility and Probability Weighting Functions
- What Determines the Shape of the Probability Weighting Function Under Uncertainty?
- HOW SETS OF COHERENT PROBABILITIES MAY SERVE AS MODELS FOR DEGREES OF INCOHERENCE
- Discounted-Value Representations of Temporal Preferences
- Subjective Probability and Expected Utility without Additivity
- Integral Representation Without Additivity
- The Dual Theory of Choice under Risk
- A note on linear utility
- Nonmonotonic Choquet integrals
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
This page was built for publication: Dutch books: Avoiding strategic and dynamic complications, and a comonotonic extension
