States and eventualities : how to understand savage without anyone being hanged

Itzhak Gilboa, Stefania Minardi, Larry Samuelson, David Schmeidler

We discuss the notion of a state of the world in axiomatic decision theory, and argue that it should be viewed as an "eventuality" that is implicitly assumed to be independent of the process by which prefer- ences are observed. The distinction between states, which are assumed to resolve all uncertainty, and eventualities suggests certain limitations on the axiomatic approach for defining and measuring mental concepts (such as belief ) by observed choices

MoreLess

Year of publication:	[2018]
Authors:	Gilboa, Itzhak ; Minardi, Stefania ; Samuelson, Larry ; Schmeidler, David
Publisher:	Jouy-en-Josas : HEC Paris
Subject:	Entscheidungstheorie \| Decision theory \| Entscheidung unter Unsicherheit \| Decision under uncertainty

freely available

Full text |

More access options

papers.ssrn.com

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (circa 24 Seiten)
Series:	HEC Paris research paper series. - Jouy-en-Josas, ZDB-ID 2394870-X. - Vol. no. ECO/SCD-1267 (2018)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.3178741 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012118158