Quasi-Arithmetic Type Mean Generated by the Generalized Choquet Integral
It is known that the quasi-arithmetic means can be characterized in various ways, with an essential role of a symmetry property. In the expected utility theory, the quasi-arithmetic mean is called the certainty equivalent and it is applied, e.g., in a utility-based insurance contracts pricing. In th...
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-12-01
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| Series: | Symmetry |
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| Online Access: | https://www.mdpi.com/2073-8994/12/12/2104 |