Eichberger, Jürgen; Grant, Simon; Lefort, Jean-Philippe - Université Paris-Dauphine (Paris IX) - 2012
This paper shows that, for CEU preferences, the axioms consquentialism, state independence and conditional certainty equivalent consistency under updating characterise a family of capacities, called Genralised Neo-Additive Capacities (GNAC). This family contains as special cases among others...