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Adequate Moods for Non-EU Decision Making in a Sequential Framework

Etchart, Nathalie - HAL - 2005

In a dynamic (sequential) framework, departures from the independence axiom (IND) are reputed to induce violations of dynamic consistency (DC), which may in turn have undesirable normative consequences. This result thus questions the normative acceptability of non expected-utility (non-EU)...

Persistent link: https://www.econbiz.de/10008793411

CONSISTENT DYNAMICE CHOICE AND NON-EXPECTED UTILITY PREFERENCES

Lapied, André; Tocquebeuf, Pascal - HAL - 2007

Pursuing works from Sarin and Wakker (1998), we study how NonExpected Utility models could be consistently applied to multi-stage decision problems. Concerning multiple priors model, we remove the argument that dynamic consistency, consequentialism and model consistency (sequential consistency...

Persistent link: https://www.econbiz.de/10008793419

Management Control and the Museums

Chatelain-Ponroy, Stéphanie - HAL - 2001

For many years French museums have been undergoing numerous changes, both evolutionary and environmental. They now face … current situation in France and the management practices within French museums. Using a semi-structured interview method, the … author researched several typical cases in order to understand how management control might be introduced into museums in …

Persistent link: https://www.econbiz.de/10008791497