Showing 351 - 360 of 395
Concavity and supermodularity are in general independent properties. A class of functionals defined on a lattice cone of a Riesz space has the Choquet property when it is the case that its members are concave whenever they are supermodular. We show that for some important Riesz spaces both the...
Persistent link: https://www.econbiz.de/10014064847
Persistent link: https://www.econbiz.de/10006418709
Persistent link: https://www.econbiz.de/10005112197
A coalitional game is a real-valued set function v defined on an algebra F of subsets of a space X such that v(0)=0. We prove the existence of a one-to-one correspondence between coalitional games bounded with respect to the composition norm and countably additive measures defined on an...
Persistent link: https://www.econbiz.de/10005824440
Let X be a topological space, m a probability measure defined on the Baire s -field on X, and m ' a probability measure on teh Borel s -field which extends m. In the first part of the paper we deal with the relations existing between the ranges of m and m. In particular, we show cases in which...
Persistent link: https://www.econbiz.de/10005824739
We study unique and globally attracting solutions of a general nonlinear equation that has as special cases some recursive equations widely used in Economics.
Persistent link: https://www.econbiz.de/10005765467
This note provides a behavioral characterization of mutually absolutely continuous multiple priors.
Persistent link: https://www.econbiz.de/10005765470
The paper considers an agent who must choose an action today under uncertainty about the consequence of any chosen action but without having in mind a complete list of all the contingencies that could influence outcomes. She conceives of some relevant (subjective) contingencies but she is aware...
Persistent link: https://www.econbiz.de/10005812753
Concavity and supermodularity are in general independent properties. A class of functionals defined on a lattice cone of a Riesz space has the Choquet property when it is the case that its members are concave whenever they are supermodular. We show that for some important Riesz spaces both the...
Persistent link: https://www.econbiz.de/10005125174
We introduce and characterize axiomatically a general model of static choice under uncertainty, which is possibly the weakest model in which a separation of cardinal utility and a representation of beliefs is achieved. Most of the popular non-expected utility models in the literature are special...
Persistent link: https://www.econbiz.de/10005128204