Perceived ambiguity and relevant measures

We axiomatize preferences that can be represented by a monotonic aggregation of subjective expected utilities generated by a utility function and some set of i.i.d. probability measures over a product state space, S1. For such preferences, we define relevant measures, show that they are treated as i...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awduron: Mukerji, S, Klibanoff, P, Seo, K
Fformat: Working paper
Cyhoeddwyd: University of Oxford 2014