Bayesian decision theory with action-dependent probabilities and risk attitudes

DOI10.1007/S00199-012-0692-4MaRDI QIDQ2376376zbMATH OpenOpenAlexFDO

Authors Edi Karni

Publication date 21 June 2013

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-012-0692-4

zbMATH Keywords

Bayesian decision theorybeliefsconstant utility betsprior distributionssubjective probabilities

Mathematics Subject Classification ID

Empirical decision procedures; empirical Bayes procedures (62C12) Applications of statistics to economics (62P20) Decision theory (91B06)

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Cites work

• A Definition of Subjective Probability
• A theory of Bayesian decision making with action-dependent subjective probabilities
• Coherent decision analysis with inseparable probabilities and utilities
• scientific article; zbMATH DE number 41812 (Why is no real title available?)
• scientific article; zbMATH DE number 3087284 (Why is no real title available?)
• Risk, ambiguity, and state-preference theory
• Subjective expected utility theory without states of the world
• Subjective probabilities for state dependent continuous utility
• Temporal Resolution of Uncertainty and Dynamic Choice Theory
• Temporal risk and the nature of induced preferences
• Temporal von Neumann-Morgenstern and induced preferences

Cited in

(4)

• A theory of Bayesian decision making with action-dependent subjective probabilities
• Moral hazard, the Savage framework, and state-dependent utility
• Reconciling Savage's and Luce's modeling of uncertainty: the best of both worlds
• Non-Bayesian decision theory. Beliefs and desires as reasons for action.

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