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We provide necessary and sufficient conditions for an alpha-MEU preference order to coincide with an SEU order.
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This note clarifies some deep mathematical connections between the Dempster-Shafer theory belief functions (Dempster, 1967; Shafer, 1976) and preference for flexibility in the tradition of Kreps (1979).
Persistent link: https://www.econbiz.de/10010755743