Representation of subjective preferences under ambiguity

Journal of Mathematical Psychology

Volumn 49, Issue 5, 2005, Pages 372-382

  Girotto, Bruno ^a   Holzer, Silvano ^a  

^a UNIVERSITY OF TRIESTE   (Italy)

Author keywords

Ambiguity (or Knightian uncertainty); Finitely additive expected utility; Incomplete preferences; Prior; Risk

Indexed keywords

EID: 26844519221     PISSN: 00222496     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmp.2005.06.005     Document Type: Article

References (22)

1. C.D. Aliprantis & K.C. Border Infinite dimensional analysis 1994 Springer Berlin
2. R.J. Aumann Utility theory without the completeness axiom Econometrica 30 3 1962 445-462
3. T.F. Bewley Knightian decision theory. 1 Decisions in Economics and Finance 25 2 2002 79-110 (formerly known as: Bewley (1986), Knightian decision theory: Part 1. Cowles Foundation Discussion Paper No. 807, New Haven, CT)
4. K.P.S. Bhaskara Rao & M. Bhaskara Rao Theory of charges 1983 Academic Press New York
5. J. Dubra F. Maccheroni & E.A. Ok Expected utility theory without the completeness axiom Journal of Economic Theory 115 2004 118-133
6. P.C. Fishburn Separation theorems and expected utilities Journal of Economic Theory 11 1975 16-34
7. P.C. Fishburn The foundations of expected utility 1982 Reidel Dordrecht
8. P. Ghirardato F. Maccheroni & M. Marinacci Differentiating ambiguity and ambiguity attitude Journal of Economic Theory 118 2004 133-173
9. P. Ghirardato F. Maccheroni M. Marinacci & M. Siniscalchi A subjective spin on roulette wheels Econometrica 71 2003 1897-1908
10. Giron, F. J., & Rios, S. (1980). Quasi-Bayesian behaviour: A more realistic approach to decision making? In J. M. Bernardo, M. H. De Groot, D. V. Lindley, & A. F. M. Smith (Eds.), Bayesian Statistics (pp. 17-38). University Valencia Press.
11. B. Girotto & S. Holzer Weak convergence of masses on normal topological spaces Sankhya 55 2 1993 188-201
12. B. Girotto & S. Holzer Representing complete and incomplete subjective linear preferences on random numbers Decisions in Economics and Finance 26 2 2003 129-144
13. I.J. Good Rational decisions Journal of the Royal Statistical Society, Series B 14 1952 107-114
14. Y. Kannai Existence of a utility in infinite dimensional partially ordered spaces Israel Journal of Mathematics 1 1963 229-234
15. Karni, E., & Schmeidler, D. (1991). Utility theory with uncertainty. In W. Hildebrand, & H. Sonnenschein (Eds.), Handbook of mathematical economics (Vol. IV, pp. 1763-1831). Amsterdam: North-Holland.
16. F.H. Knight Risk, uncertainty and profit 1921 Houghton Mifflin Boston
17. E.A. Ok Utility representation of an incomplete preference relation Journal of Economic Theory 104 2002 429-449
18. Robbins, H. (1951). Asymptotically subminimax solutions to compound statistical decision problems. Proceedings of the second Berkeley symposium mathematical statistics and probability (vol. 1, pp. 131-148). Berkeley: University of California Press.
19. H. Robbins The empirical Bayes approach to statistical decision problems Annals of Mathematical Statistics 35 1964 1-20
20. B. Rumbos Representing subjective orderings of random variables An extension Journal of Mathematical Economics 36 2001 31-43
21. T.S. Seidenfeld M.J. Schervish & J.B. Kadane A representation of partially ordered preferences Annals of Statistics 23 6 1995 2168-2217
22. Shapley, L. S., & Baucells, M. (1998). Multiperson utility. Working Paper 779, Department of Economics, University of California, Los Angeles.