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This paper provides an axiomatic approach to the problem of measuring the informationcontained in opportunity sets. In many choice situations, the items that can be selectedfrom an opportunity set (the objects of choice) do not coincide with the consequencesthey induce (the objects a...
Persistent link: https://www.econbiz.de/10005869347
Bargaining under uncertainty is modeled by the assumption that thereare several possible states of nature, each of …
Persistent link: https://www.econbiz.de/10005869345