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Choquet expected utility preferences.A decision maker is faced with an information structure represented bya filtration. We … show that the decision maker’s preferences respect dynamicconsistency on a fixed filtration if and only if the last stage … certainty equivalence consistency and constrained dynamicconsistency to filtration measurable acts, it is shown that the …
Persistent link: https://www.econbiz.de/10009249015
Choquet expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We … show that the decision maker's preferences respect dynamic consistency on a fixed filtration if and only if the last stage … of the filtration is composed of unambiguous events in the sense of Nehring (1999). Adopting two axioms, conditional …
Persistent link: https://www.econbiz.de/10011422193
Choquet expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We … show that the decision maker's preferences respect dynamic consistency on a fixed filtration if and only if the last stage … of the filtration is composed of unambiguous events in the sense of Nehring (1999). Adopting two axioms, conditional …
Persistent link: https://www.econbiz.de/10003879722
expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We show that … the decision maker’s preferences respect dynamic consistency on a fixed filtration if and only if the last stage of the … filtration is composed of unambiguous events in the sense of Nehring (Math Social Sci 38:197–213, 1999). Adopting two axioms …
Persistent link: https://www.econbiz.de/10009350341
Persistent link: https://www.econbiz.de/10008925160
Choquet expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We … show that the decision maker's preferences respect dynamic consistency on a fixed filtration if and only if the last stage … of the filtration is composed of unambiguous events in the sense of Nehring (1999). Adopting two axioms, conditional …
Persistent link: https://www.econbiz.de/10008577823
expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We show that … the decision maker’s preferences respect dynamic consistency on a fixed filtration if and only if the last stage of the … filtration is composed of unambiguous events in the sense of Nehring (Math Social Sci 38:197–213, 1999). Adopting two axioms …
Persistent link: https://www.econbiz.de/10011073093