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Based on Hume's major philosophical works and on some of his Essays, this paper discusses formally the feasibility, from a Humean point of view, of a welfare policy which would aim at promoting the highest individual happiness whereas individual decisions, like individual happiness, are...
Persistent link: https://www.econbiz.de/10009226838
inclination to choose one of the actions. Due to influence among players, the final decision of a player, i.e., his choice of one … influence another player with different inclination, and as a result of this influence, the decision of the player is closer to …
Persistent link: https://www.econbiz.de/10010549106
each agent is inclined to make a particular decision, but due to a possible influence of the others, his final decision may …
Persistent link: https://www.econbiz.de/10010605336
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
agent is inclined to make a particular decision, but due to a possible influence of the others, his final decision may be …
Persistent link: https://www.econbiz.de/10010898370
de prise de décision : analogique, déductif et inductif. Ces processus soulignent la complexité des relations entre les …
Persistent link: https://www.econbiz.de/10010898885
attention. They nonetheless constituted an opportunity to introduce a sophisticated analysis of individual decision under risk …
Persistent link: https://www.econbiz.de/10010899316
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
agent is inclined to make a particular decision, but due to a possible influence of the others, his final decision may be …
Persistent link: https://www.econbiz.de/10010784105
agent is inclined to make a particular decision, but due to a possible influence of the others, his final decision may be …
Persistent link: https://www.econbiz.de/10011025754