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

DOI10.1007/BF01207550zbMATH Open0840.90005OpenAlexW2047523595WikidataQ57919923 ScholiaQ57919923MaRDI QIDQ1907992FDOQ1907992

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

Recommendations

• An elementary proof of Blackwell's theorem
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zbMATH Keywords

value of informationnonexpected utility preferencesBlackwell's Theoremexpected utility decision maker

Mathematics Subject Classification ID

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

Cites Work

• Equivalent Comparisons of Experiments
• The Dual Theory of Choice under Risk
• Generalized Gini inequality indices
• Behaviorally consistent optimal stopping rules
• The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach
• Title not available (Why is that?)
• Smooth Preferences
• Ascending bid auctions with behaviorally consistent bidders
• Two-Stage Lotteries without the Reduction Axiom
• The value of perfect information in nonlinear utility theory
• The Structure of Preferences and Attitudess towards the Timing of the Resolution of Uncertainty
• Dynamic consistency implies approximately expected utility preferences

Cited In (11)

• Preference for knowledge
• Blackwell's informativeness ranking with uncertainty-averse preferences
• Two Remarks on Blackwell's Theorem
• Informativeness of experiments for MEU
• What restrictions do Bayesian games impose on the value of information?
• Hybrid decision model and the ranking of experiments
• Erratum to: ``Sufficiency in Blackwell's theorem [Math. Social Sci. 46(1) (2003) 21-25]
• Sufficiency in Blackwell's theorem.
• The value of information in production economies
• Can anticipatory feelings explain anomalous choices of information sources?
• Intrinsic preference for information

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