arXiv
Open Access
2023
Subjective Expected Utility and Psychological Gambles
Gianluca Cassese
Abstrak
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 ex-ante and ex-post preferences. Weaker version of coherence are associated with various attitudes towards complexity and lead to a characterization of minimax or Choquet expected utility.
Topik & Kata Kunci
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G
Gianluca Cassese
Akses Cepat
Informasi Jurnal
- Tahun Terbit
- 2023
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- en
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- arXiv
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- Open Access ✓