Schipper, Burkhard C. - 2011
We develop awareness-dependent subjective expected utility by taking unawareness structures introduced in Heifetz …, Meier, and Schipper (2006, 2008, 2011a) as primitives in the Anscombe-Aumann approach to subjective expected utility. We … of the event is null. Moreover, we characterize impersonal expected utility that is behaviorally indistinguishable from …