Decision making in phantom spaces

DOI10.1007/s00199-013-0798-3zbMath1328.91048arXiv0901.0902OpenAlexW3124132741MaRDI QIDQ2256862

Zur Izhakian, Yehuda Izhakian

Publication date: 23 February 2015

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

Full work available at URL: https://arxiv.org/abs/0901.0902

zbMATH Keywords

uncertaintyambiguityexpected utilityimprecise riskdecision making under uncertaintyEllsberg paradoxphantom probability

Mathematics Subject Classification ID

Related Items (3)

Expected utility with uncertain probabilities theory ⋮ Decision making in phantom spaces ⋮ Categories of Layered Semirings

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Knightian decision theory and econometric inferences
• Event-separability in the Ellsberg urn
• Definitions of ambiguous events and the smooth ambiguity model
• Ambiguity aversion and trade
• Rational preferences under ambiguity
• Are beliefs a matter of taste? A case for objective imprecise information
• Ambiguity made precise: A comparative foundation
• Decision making with imprecise probabilistic information
• Decision making over necessity measures through the Choquet integral criterion
• Attitude toward imprecise information
• A theory of subjective compound lotteries
• Imprecise probabilistic beliefs as a context for decision-making under ambiguity
• Expected utility with purely subjective non-additive probabilities
• Linear utility theory for belief functions
• Maxmin expected utility with non-unique prior
• Advances in prospect theory: cumulative representation of uncertainty
• Recursive multiple-priors.
• Maxmin expected utility over Savage acts with a set of priors
• Invariant risk attitudes
• Differentiating ambiguity and ambiguity attitude
• Quantum probability for probabilists.
• Second-order ambiguous beliefs
• A theoretical foundation of ambiguity measurement
• The dual theory of the smooth ambiguity model
• Decision making in phantom spaces
• Understanding the nonadditive probability decision model
• Preference for safety under the Choquet model: in search of a characterization
• Choice under uncertainty with the best and worst in mind: Neo-additive capacities
• Small worlds: Modeling attitudes toward sources of uncertainty
• A behavioral characterization of plausible priors
• Ambiguity, measurability and multiple priors
• QUANTUM MECHANICS AS BAYESIAN COMPLEX PROBABILITY THEORY
• Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis
• Ambiguity, Learning, and Asset Returns
• Risk, Ambiguity, and the Savage Axioms
• The Ambiguity Premium vs. the Risk Premium under Limited Market Participation*
• Intertemporal substitution and recursive smooth ambiguity preferences
• Uncertainty Aversion with Second-Order Utilities and Probabilities
• Vector Expected Utility and Attitudes Toward Variation
• Ambiguity and Second-Order Belief
• Subjective Probability and Expected Utility without Additivity
• Interpersonal Comparability and Social Choice Theory
• Uncertainty Aversion, Risk Aversion, and the Optimal Choice of Portfolio
• A Definition of Uncertainty Aversion
• Subjective Probabilities on Subjectively Unambiguous Events
• The Dual Theory of Choice under Risk
• Robust Permanent Income and Pricing
• Ambiguity Aversion, Robustness, and the Variational Representation of Preferences
• Risk Aversion in the Small and in the Large
• A Smooth Model of Decision Making under Ambiguity
• Preferences Over Sets of Lotteries1
• Ambiguity Without a State Space
• Ambiguity, Risk, and Asset Returns in Continuous Time

This page was built for publication: Decision making in phantom spaces