Risk, Ambiguity, and the Separation of Utility and Beliefs
We introduce a general model of static choice under uncertainty, arguably the weakest model achieving a separation of cardinal utility and a unique representation of beliefs. Most of the nonexpected utility models existing in the literature are special cases of it. Such separation is motivated by th...
| Veröffentlicht in: | Mathematics of Operations Research. - Institute for Operations Research and the Management Sciences. - 26(2001), 4, Seite 864-890 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
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2001
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| Zugriff auf das übergeordnete Werk: | Mathematics of Operations Research |
| Schlagworte: | Decision theory Choice under uncertainty Utility Risk Behavioral sciences Economics Mathematics Philosophy |
| Online verfügbar |
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