Showing 41 - 50 of 36,440
Für Entscheidungsprobleme jenseits von Bernoulli-Rationalität und subjektivem Erwartungsnutzenexistieren zahlreiche Kalküle. Besondere Bedeutung hat der auf eine AxiomatisierungSchmeidlers zurückgehende CEU-Kalkül. Dieser ist gleichzeitig sehr allgemein,aufwendig und schwierig...
Persistent link: https://www.econbiz.de/10009005123
This paper shows that, for CEU preferences, the axioms consquentialism, state independenceand conditional certainty equivalent consistency under updating characterise a family of capacities,called Genralised Neo-Additive Capacities (GNAC). This family contains as special casesamong others...
Persistent link: https://www.econbiz.de/10005868377
Persistent link: https://www.econbiz.de/10003718438
Persistent link: https://www.econbiz.de/10003727844
Persistent link: https://www.econbiz.de/10003759301
Persistent link: https://www.econbiz.de/10003767444
Persistent link: https://www.econbiz.de/10003768083
Persistent link: https://www.econbiz.de/10003768814
Persistent link: https://www.econbiz.de/10003770523
This paper proposes a model of decision under ambiguity deemed vector expected utility, or VEU. In this model, an uncertain prospect, or Savage act, is assessed according to (a) a baseline expected-utility evaluation, and (b) an adjustment that reflects the individual’s perception of ambiguity...
Persistent link: https://www.econbiz.de/10003782113