Karni, E.; Mongin, P. - Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor. - 1997
The paper explores the uniqueness properties of the subjective probabilities in two axiomatizations of state-dependent preferences. Karni, Schmeider and Vind's (KSV) system depends on selecting an arbitrary probability, ans as such, does not guarantee the uniqueness of the derived subjective...