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Utility theory with inexact preferences and degrees of preference

โœ Scribed by Peter C. Fishburn

Publisher
Springer Netherlands
Year
1970
Tongue
English
Weight
887 KB
Volume
21
Category
Article
ISSN
0039-7857

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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