A Smooth Model of Decision Making Under Ambiguity.
We propose and axiomatize a model of preferences over acts such that the decision maker prefers act f to act g if and only if Eμφ (Eπu ◦ f) ≥ Eμφ (Eπu ◦ g), where E is the expectation operator, u is a vN-M utility function, φ is an increasing transformation, and μ is a subjective probability over th...
Główni autorzy: | Mukerji, S, Klibanoff, P |
---|---|
Format: | Journal article |
Język: | English |
Wydane: |
Econometric Society
2005
|
Podobne zapisy
Definitions of Ambiguous Events and the Smooth Ambiguity Model
od: Mukerji, S, i wsp.
Wydane: (2011)
od: Mukerji, S, i wsp.
Wydane: (2011)
Podobne zapisy
-
A Smooth Model of Decision Making Under Ambiguity.
od: Mukerji, S, i wsp.
Wydane: (2002) -
A smooth model of decision, making under ambiguity
od: Mukerji, S, i wsp.
Wydane: (2002) -
Definitions of Ambiguous Events and the Smooth Ambiguity Model.
od: Klibanoff, P, i wsp.
Wydane: (2011) -
Definitions of Ambiguous Events and the Smooth Ambiguity Model.
od: Klibanoff, P, i wsp.
Wydane: (2011) -
Definitions of Ambiguous Events and the Smooth Ambiguity Model
od: Mukerji, S, i wsp.
Wydane: (2011)