Cohen, Michèle; Meilijson, Isaac - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2011
Victor prefers safety more than Ursula if whenever Ursula prefers some constant to some uncertain act, so does Victor. This paradigm, whose Expected Utility version takes the form of Arrow & Pratt's more risk averse concept, will be studied in the Choquet Uncertainty model, letting u and ? (v...