In the wake of growing awareness, decision makers anticipate that they might become aware of material possibilities and …

-Dependent Preferences -- 2 The Measurement of Risk Aversion -- 3 Risk Aversion with State-Dependent Preferences: Some Economic Applications … -- 4 Risk Aversion and the Demand for Life Insurance -- 5 Increasing Risk with State-Dependent Preferences: Measurement and … Economic Consequences -- 6 Multivariate Risk Aversion and Risk Aversion with State-Dependent Preferences -- References -- Index …

This paper invokes the axiomatic approach to explore the notion of growing awareness in the context of decision making … under uncertainty. It introduces a new approach to modeling the expanding universe of a decision maker in the wake of …

This paper invokes the axiomatic approach to explore the notion of growing awareness in the context of decision making … under uncertainty. It introduces a new approach to modeling the expanding universe of a decision maker in the wake of … represent genuine expansions of the decision maker's universe, while the discovery of new links between acts and consequences …