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This paper considers a decision-making process under ambiguity in which the decision-maker is supposed to split outcomes between familiar and unfamiliar ones. She is assumed to behave differently with respect to unfamiliar gains, unfamiliar losses and customary (familiar) outcomes. In...
Persistent link: https://www.econbiz.de/10005670969
function f. And we give the explicit expression, in the case of a convex capacity v = f o P, of a probability in the core of v …
Persistent link: https://www.econbiz.de/10005670974