Tallon, J.-M.; Chateauneuf, A. - Centre de recherche de mathématiques et économie … - 1998
We show, in the Choquet expected utility model, that prefernece for diversification, that is, convex prefrences, is equivalent to a concave utility index and a convex capacity. We then introduce a weaker notion of diversification, namely "sure diversification". We show that this implies that the...