Subjective expected utility and psychological gambles

被引：0

作者：

Cassese, Gianluca ^{[1
]}

机构：

[1] Univ Milano Bicocca, Dept Econ Stat & Management, Bldg U7,Room 2097,Via Bicocca,Arcimboldi 8, I-20126 Milan, Italy

来源：

DECISIONS IN ECONOMICS AND FINANCE | 2024年

关键词：

Arbitrage; Choquet expected utility; Coherence; Gamble; Maxmin expected utility; Multiple priors; Subjective expected utility; D81; G12; COHERENCE; THEOREM; SAVAGE;

D O I：

10.1007/s10203-024-00493-7

中图分类号：

O1 [数学]; C [社会科学总论];

学科分类号：

03 ; 0303 ; 0701 ; 070101 ;

摘要：

We obtain an elementary characterization of expected utility based on a representation of choice in terms of psychological gambles, which requires no assumption other than coherence between utility from acts and from their consequences. Weaker versions of coherence, associated to restricted subsets of gambles, are associated with various attitudes towards complexity and lead to a characterization of minimax or Choquet expected utility.

引用

页数：22

共 34 条

[1]

[Anonymous], 1971, Semin. Probab. (Strasbourg)

[2] A DEFINITION OF SUBJECTIVE-PROBABILITY [J].