Probabilistic sophistication and variational preferences

DOI10.1016/J.JET.2011.06.010MaRDI QIDQ643281zbMATH OpenOpenAlexFDO

Authors Tomasz Strzalecki

Publication date 28 October 2011

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

Full work available at URL http://nrs.harvard.edu/urn-3:HUL.InstRepos:11352635

zbMATH Keywords

ambiguity aversionexpected utilityprobabilistic sophisticationvariational preferences

Mathematics Subject Classification ID

Individual preferences (91B08)

Recommendations

• Probabilistic sophistication and stochastic monotonicity in the savage framework
• Purely subjective variational preferences
• Cumulative dominance and probabilistic sophistication
• Variational Bewley preferences
• Probabilistically sophisticated rank dependent utility

Cites work

• A More Robust Definition of Subjective Probability
• Ambiguity Aversion, Robustness, and the Variational Representation of Preferences
• Cumulative dominance and probabilistic sophistication
• Event Exchangeability: Probabilistic Sophistication Without Continuity or Monotonicity
• scientific article; zbMATH DE number 3260230 (Why is no real title available?)
• Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine
• Maxmin expected utility with non-unique prior
• On Qualitative Probability $/sigma$-Algebras
• Probabilistic Sophistication and Multiple Priors
• Probabilistic sophistication, second order stochastic dominance and uncertainty aversion
• Risk, ambiguity and the Savage axioms
• Subjective Probability Without Monotonicity: or How Machina's Mom May Also be Probabilistically Sophisticated
• The Dual Theory of Choice under Risk

Cited in

(15)

• Cumulative dominance and probabilistic sophistication
• Bayes and Hurwicz without Bernoulli
• Preferences with changing ambiguity aversion
• Efficient allocations under law-invariance: a unifying approach
• Purely subjective variational preferences
• Robust optimal risk sharing and risk premia in expanding pools
• Event Exchangeability: Probabilistic Sophistication Without Continuity or Monotonicity
• Risk aversion for variational and multiple-prior preferences
• Probabilistic sophistication, second order stochastic dominance and uncertainty aversion
• Comonotone Pareto optimal allocations for law invariant robust utilities on \(L^1\)
• Comparative statics with linear objectives: normality, complementarity, and ranking multi-prior beliefs
• Are reference measures of law-invariant functionals unique?
• Probabilistically sophisticated rank dependent utility
• Variational Bewley preferences
• Probabilistic sophistication and stochastic monotonicity in the savage framework

This page was built for publication: Probabilistic sophistication and variational preferences

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q643281)