We study preferences for timing of resolution of objective uncertainty in a menuchoice model with two stages of information arrival. We characterize a general class of utility representations called hidden action representations, which interpret an intrinsic preference for timing of resolution...

We study preferences for timing of resolution of objective uncertainty in a menuchoice model with two stages of information arrival. We characterize a general class of utility representations called hidden action representations, which interpret an intrinsic preference for timing of resolution...

We consider an extension of the class of multi-utility hyper-relations, the class of semi-decent hyper-relations. A semi-decent hyper-relation satis…es monotonicity, stability with respect to contraction, and the union property. We analyze the class of semi-decent hyper-relations both...