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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
The utility maximisation problem is considered for investors with anticipative additional information. We distinguish between models with conditional measures and models with enlarged filtrations. The dual functions of the maximal expected utility are determined with the help of f-divergences....
Persistent link: https://www.econbiz.de/10005862000
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
) correcting infant mortality counts reduces the estimated effect of filtration on infant mortality by two-thirds, from -43 log … effect of filtration on total mortality by half, from -16 log points to -8 log points. In this rejoinder, we argue that the … much-reduced estimate of the effect of water filtration on infant mortality is a dramatic and surprising departure from the …
Persistent link: https://www.econbiz.de/10011984637
the literature, we provide new evidence on the effects of water filtration and chlorination, extending the work of …
Persistent link: https://www.econbiz.de/10011931738
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
) correcting infant mortality counts reduces the estimated effect of filtration on infant mortality by two-thirds, from -43 log … effect of filtration on total mortality by half, from -16 log points to -8 log points. In this rejoinder, we argue that the … much-reduced estimate of the effect of water filtration on infant mortality is a dramatic and surprising departure from the …
Persistent link: https://www.econbiz.de/10011972424
the literature, we provide new evidence on the effects of water filtration and chlorination, extending the work of …
Persistent link: https://www.econbiz.de/10011903985
Persistent link: https://www.econbiz.de/10012887441
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