Maxmin weighted expected utility: a simpler characterization

被引：2
|
作者：
Halpern, Joseph Y. [1 ]
Leung, Samantha [1 ]
机构：
[1] Cornell Univ, Ithaca, NY USA
来源：
THEORY AND DECISION | 2016年 / 80卷 / 04期
基金：
美国国家科学基金会;
关键词：
Maxmin expected utility; Weighted probabilities; Axiomatization; Ambiguity aversion; AMBIGUITY; PROBABILITY; AVERSION; AXIOMS; MODEL; RISK;
D O I：
10.1007/s11238-015-9516-x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Chateauneuf and Faro (J Math Econ 45:535-558, 2009) axiomatize a weighted version of maxmin expected utility over acts with nonnegative utilities, where weights are represented by a confidence function. We argue that their representation is only one of many possible, and we axiomatize a more natural form of maxmin weighted expected utility. We also provide stronger uniqueness results.
引用
收藏
页码：581 / 610
页数：30
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