Gilboa, Itzhak; Maccheroni, Fabio; Marinacci, Massimo; … - Collegio Carlo Alberto, Università degli Studi di Torino - 2008
A decision maker is characterized by two binary relations. The first reflects decisions that are rational in an “objective” sense: the decision maker can convince others that she is right in making them. The second relation models decisions that are rational in a “subjective” sense: the...