A comment on the axiomatics of the maxmin expected utility model

DOI10.1007/S11238-022-09879-8MaRDI QIDQ2125239zbMATH OpenOpenAlexFDO

Authors Shiri Alon

Publication date 13 April 2022

Published in Theory and Decision (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11238-022-09879-8

zbMATH Keywords

maxmin expected utilitypurely subjective probabilitytradeoff consistencyuncertainty aversion

Mathematics Subject Classification ID

Utility theory (91B16)

Recommendations

• Purely subjective maxmin expected utility
• Maxmin expected utility in Savage's framework
• Maxmin expected utility with non-unique prior
• Maxmin weighted expected utility: a simpler characterization
• Maxmin expected utility over Savage acts with a set of priors

Cites work

• A Definition of Subjective Probability
• A Subjective Spin on Roulette Wheels
• An axiomatization of cumulative prospect theory
• scientific article; zbMATH DE number 41812 (Why is no real title available?)
• scientific article; zbMATH DE number 3339023 (Why is no real title available?)
• scientific article; zbMATH DE number 3366923 (Why is no real title available?)
• scientific article; zbMATH DE number 3106184 (Why is no real title available?)
• Maxmin expected utility over Savage acts with a set of priors
• Maxmin expected utility with non-unique prior
• Preference Foundations for Nonexpected Utility: A Generalized and Simplified Technique
• Purely subjective maxmin expected utility
• Subjective Probability and Expected Utility without Additivity

Cited in

(9)

• Maxmin expected utility with non-unique prior
• Maxmin expected utility through statewise combinations
• Identities for maximum, minimum, and maxmin random utility models
• A unifying approach to axiomatic non-expected utility theories: Correction and comment
• Maxmin weighted expected utility: a simpler characterization
• A dynamic foundation of the Rawlsian maxmin criterion
• On the Axiomatization of the Satiation and Habit Formation Utility Models
• Strength of preference over complementary pairs axiomatizes alpha-MEU preferences
• Maxmin expected utility in Savage's framework

This page was built for publication: A comment on the axiomatics of the maxmin expected utility model

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2125239)