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Peter P. Wakker has forcefully shown the importance for decision theory of a condition that he called “Cardinal Coordinate Independence” (CCI). Indeed, when the outcome space is rich, he proved that, for continuous weak orders, this condition fully characterizes the Subjective Expected...
Persistent link: https://www.econbiz.de/10008551619
Peter P. Wakker has forcefully shown the importance for decision theory of a condition that he called “Cardinal Coordinate Independence” (CCI). Indeed, when the outcome space is rich, he proved that, for continuous weak orders, this condition fully characterizes the Subjective Expected...
Persistent link: https://www.econbiz.de/10011072806