๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Analysis of Public Investment Decision-Making under Information Asymmetry

โœ Scribed by Baik, Yun-Sug; Seog, Sung Hun


Book ID
127310344
Publisher
Informa UK (Taylor & Francis)
Year
1998
Tongue
English
Weight
682 KB
Volume
2
Category
Article
ISSN
1226-5934

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We show how to model incompleteness in the decision maker's judgements, within a Bayesian context, providing axioms which lead us to work with families of values or probabilities and utilities. The proper solution concepts are suggested. On the whole, we provide a more robust decision theory, based