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Decision Making with Imprecise Probabilistic Information
Gajdos, Thibault; Tallon, Jean-Marc; Vergnaud, … - HAL - 2004
We develop an axiomatic approach to decision under uncertainty that explicitly takes into account the information … available to the decision maker. The information is described by a set of priors and a reference prior. We define a notion of … imprecision for this informational setting and show that a decision maker who is averse to information imprecision maximizes the …
Persistent link: https://www.econbiz.de/10010750380
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Data dispersion near the boundaries: can it partially explain the problems of decision and utility theories?
Harin, Alexander - HAL - 2013
this theorem to explain the well-known problems of utility and decision theories, such as risk aversion, the underweighting …
Persistent link: https://www.econbiz.de/10010899454
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Un leader doit-il toujours dire la vérité pour justifier ses choix ?
Lebraty, Jacques; Lebraty, Jean-Fabrice - HAL - 2007
La notion de transparence de l'information tend aujourd'hui à être considérée non seulement comme valeur éthique de l'entreprise mais plus concrètement comme sous-tendant la mise en œuvre d'une politique moderne de "Corporate Gouvernance".Il est donc particulièrement intéressant...
Persistent link: https://www.econbiz.de/10008790751
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The Valuation of Decision and Individual Welfare: A Humean Approach
Lapidus, André - HAL - 2010
Drawing on passages in Book II of the Treatise of Human Nature (1739-40), in the Enquiry Concerning the Principles of Morals (1751), in the Dissertation on the Passions (1757), and in some of the Essays (1777), this paper is built upon Hume's distinction between three alternative valuations of...
Persistent link: https://www.econbiz.de/10008790949
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Incentive Effects on Risk Attitude in Small Probability Prospects
Lefebvre, Mathieu; Vieider, Ferdinand; Villeval, … - HAL - 2009
Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental investigations. This may however raise an issue of sequentiality of effects as later choices may be influenced by earlier ones. This paper reports instead between-subject results on the...
Persistent link: https://www.econbiz.de/10008791266
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Incentive Effects on Risk Attitude in Small Probability Prospects
Lefebvre, Mathieu; Vieider, Ferdinand; Villeval, Marie … - HAL - 2010
Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental investigations. This may however raise an issue of sequentiality of effects as later choices may be influenced by earlier ones. This paper reports instead between-subject results on the...
Persistent link: https://www.econbiz.de/10008791715