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Subjective Probability Weighting and the Discovered Preference Hypothesis

โœ Scribed by Gijs van de Kuilen

Book ID
106543477
Publisher
Springer US
Year
2007
Tongue
English
Weight
171 KB
Volume
67
Category
Article
ISSN
0040-5833

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๐Ÿ“œ SIMILAR VOLUMES

Subjective probabilities and utility wit
Subjective probabilities and utility with event-dependent preferences
โœ Edi Karni ๐Ÿ“‚ Article ๐Ÿ“… 1992 ๐Ÿ› Springer ๐ŸŒ English โš– 993 KB

This article generalizes Savage's theory to include event-dependent preferences. The state space is partitioned into finitely many events. The induced preferences over consequences are assumed independent of the underlying states within, but not across, these events. This results in an additively se