On the nonexistence of Blackwell's theorem-type results with general preference relations

DOI10.1007/BF01207550MaRDI QIDQ1907992zbMATHOpenAlexWikidataFDO

Authors Zvi Safra, Eyal Sulganik

Publication date 28 February 1996

Published in Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01207550

zbMATH Keywords

value of informationnonexpected utility preferencesBlackwell's Theoremexpected utility decision maker

Mathematics Subject Classification ID

Decision theory (91B06) Economics of information (91B44)

Recommendations

• An elementary proof of Blackwell's theorem
• Two Remarks on Blackwell's Theorem
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• Blackwell's informativeness ranking with uncertainty-averse preferences
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Cites work

• scientific article; zbMATH DE number 50042 (Why is no real title available?)
• Ascending bid auctions with behaviorally consistent bidders
• Behaviorally consistent optimal stopping rules
• Dynamic consistency implies approximately expected utility preferences
• Equivalent Comparisons of Experiments
• Generalized Gini inequality indices
• Smooth Preferences
• The Dual Theory of Choice under Risk
• The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach
• The Structure of Preferences and Attitudess towards the Timing of the Resolution of Uncertainty
• The value of perfect information in nonlinear utility theory
• Two-Stage Lotteries without the Reduction Axiom

Cited in

(13)

• Informativeness of experiments for MEU
• Erratum to: ``Sufficiency in Blackwell's theorem [Math. Social Sci. 46(1) (2003) 21-25]
• Two Remarks on Blackwell's Theorem
• Intrinsic preference for information
• Sufficiency in Blackwell's theorem.
• Don't look now
• What restrictions do Bayesian games impose on the value of information?
• Preference for knowledge
• The value of information in production economies
• Blackwell's informativeness ranking with uncertainty-averse preferences
• Blackwell's informativeness theorem using diagrams
• Can anticipatory feelings explain anomalous choices of information sources?
• Hybrid decision model and the ranking of experiments

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