Showing 1 - 10 of 257
This paper is concerned with the representation of preferences which do not satisfy the ordinary axioms for state-independent utilities.
Persistent link: https://www.econbiz.de/10005011516
Zeno's "dichotomy" paradox of the runner and the sorites paradox exhibit certain interesting similarities. Both of them involve a long series of steps, each of which seems legitimate, but which, taken together, apparently lead to an unacceptable conclusion. In this article, a particular...
Persistent link: https://www.econbiz.de/10005011544
It is well-known that classical models of belief are not realistic representations of human doxastic capacity; equally, models of actions involving beliefs, such as decisions based on beliefs, or changes of beliefs, suffer from similar inaccuracies. In this paper, a general framework is...
Persistent link: https://www.econbiz.de/10005011596
The phenomenon of adaptive preferences – sometimes also known under the name of sour grapes – has long caused a stir in Social Theory. In this paper, the precise problem posed by adaptive preferences, as seen from the point of view of a theoretician who intends to model or understand the...
Persistent link: https://www.econbiz.de/10005011630
This paper proposes a model of the decision-maker’s confidence in his probability judgements, in terms of an implausibility measure – a real-valued function on the set of probability functions. A decision rule is axiomatised according to which the decision-maker evaluates acts using sets of...
Persistent link: https://www.econbiz.de/10005041794
Indeterminate preferences have long been a tricky subject for choice theory. One reason for which preferences may be less than fully determinate is the lack of confidence in one’s preferences. In this paper, a representation of confidence in preferences is proposed. It is used to develop an...
Persistent link: https://www.econbiz.de/10008458011
Persistent link: https://www.econbiz.de/10000823364
Persistent link: https://www.econbiz.de/10003744227
Persistent link: https://www.econbiz.de/10003744230
Persistent link: https://www.econbiz.de/10003744294