๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Rejecting small gambles under expected utility

โœ Scribed by Ignacio Palacios-Huerta; Roberto Serrano

Book ID
116421259
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
130 KB
Volume
91
Category
Article
ISSN
0165-1765

No coin nor oath required. For personal study only.

๐Ÿ“œ SIMILAR VOLUMES

Information evaluation under nonadditive
Information evaluation under nonadditive expected utility
โœ Irving H. Lavalle; Yongsheng Xu ๐Ÿ“‚ Article ๐Ÿ“… 1990 ๐Ÿ› Springer ๐ŸŒ English โš– 865 KB

We examine the choice-of-single-stage-experiment problem (RaitIa and Schlaifer, 1961) under the assumption that the decider's (weak) preference relation > satisfies Schmeidler's (1989) or Gilboa's (1987) axiomatization and is thus representable by a nonadditive expected-utility functional as a Choqu

Under stochastic dominance Choquet-expec
Under stochastic dominance Choquet-expected utility and anticipated utility are identical
โœ Peter Wakker ๐Ÿ“‚ Article ๐Ÿ“… 1990 ๐Ÿ› Springer US ๐ŸŒ English โš– 625 KB

The aim of this paper is to convince the reader that Choquet-expected utility, as initiated by Schmeidler (1982Schmeidler ( , 1989) ) for decision making under uncertainty, when formulated for decision making under risk naturally leads to anticipated utility, as initiated by Quiggin/Yaari. Thus the