Awareness-dependent subjective expected utility
This is a contribution to the recent and growing literature on the modeling of (un)awareness. The author addresses the issue of how to distinguish between events an individual is aware of, but assigns zero probability to, and events the individual is not aware of. The analysis is carried out in a framework that integrates the syntax-free structures introduced by \textit{A. Heifetz} et al. [J. Econ. Theory 130, No. 1, 78--94 (2006; Zbl 1141.91598)] and the Anscombe-Aumann approach to subjective expected utility. The author proposes a notion of ``awareness-dependent subjective expected utility, provides a characterization of it, and shows that unawareness has behavioral implications that are different from those of probability zero belief.
- Subjective expected utility with imperfect perception
- Probabilistic subjective expected utility
- Subjective recursive expected utility
- Expected utility and revelation of subjective probabilities
- Expected utility with subjective events
- Subjective expected utility through stochastic independence
- The subjective expected utility hypothesis and revealed preference
- Subjective expected utility with incomplete preferences
- Reference-dependent subjective expected utility.
- Subjective independence and concave expected utility
- A canonical model for interactive unawareness
- A Definition of Subjective Probability
- Alternative semantics for unawareness
- An Axiomatic Approach to Measurable Utility
- Bayesian games with unawareness and unawareness perfection
- Becoming aware of propositional variables
- Belief, awareness, and limited reasoning
- Dynamic unawareness and rationalizable behavior
- Equivalence of the information structure with unawareness to the logic of awareness
- Framing contingencies
- scientific article; zbMATH DE number 3339023 (Why is no real title available?)
- scientific article; zbMATH DE number 3087284 (Why is no real title available?)
- Inductive reasoning about unawareness
- Information structures with unawareness
- Interactive unawareness
- Interactive unawareness revisited
- Scheduling jobs on non-identical IFR processors to minimize general cost functions
- Standard State-Space Models Preclude Unawareness
- Syntactic foundations for unawareness of theorems
- The logic of belief and belief change: a decision theoretic approach
- Two models of unawareness: comparing the object-based and the subjective-state-space approaches
- Unawareness and partitional information structures
- Unawareness, beliefs, and speculative trade
- Belief consistency and invariant risk preferences
- Axioms for measuring utility on partial mixture sets
- On the rejectability of the subjective expected utility theory
- Introspective unawareness and observable choice
- Dynamic awareness and zero probability beliefs
- Generalized Nash equilibrium with stable belief hierarchies in static games with unawareness
- Does exposure to unawareness affect risk preferences? A preliminary result
- A behavioral definition of unforeseen contingencies
- Savage's theorem under changing awareness
- Ambiguity under growing awareness
- Unawareness of decision criteria in multicriteria games
- A model of state aggregation
- Subjective expected utility with a spectral state space
- An intertemporal model of growing awareness
- Bayesian games with unawareness and unawareness perfection
- Unawareness with ``possible possible worlds
- Preference-based unawareness
- Rationalizing epistemic bounded rationality
- Asymmetric awareness and moral hazard
- Standard state space models of unawareness (extended abstract)
- Awareness of unawareness: a theory of decision making in the face of ignorance
- Subjective states without the completeness axiom
- Dynamically consistent updating of multiple prior beliefs -- an algorithmic approach
- Rationalizable self-confirming equilibrium in static games with unawareness
- Implicit knowledge in unawareness structures
- Equivalence of the information structure with unawareness to the logic of awareness
- A partial-state space model of unawareness
- Pessimism and optimism towards new discoveries
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