.png){kind=icon}
返回
Ambiguity without a state space
.png){kind=icon}
PRE
AI
DOI：10.1111/j.1467-937X.2007.00473.x.png)
.png){kind=icon}
原文求助.png){kind=icon}
分享.png){kind=icon}
收藏
摘要
En 中文
Many decisions involve both imprecise probabilities and intractable states of the world. Objective expected utility assumes unambiguous probabilities; subjective expected utility assumes a completely specified state space. This paper analyses a third domain of preference: sets of consequential lotteries. Using this domain, we develop a theory of objective ambiguity without explicit reference to any state space. We characterize a representation that integrates a non-linear transformation of first-order expected utility with respect to a second-order measure. The concavity of the transformation and the weighting of the measure capture ambiguity aversion. We propose a definition for comparative ambiguity aversion.
Keyword:
SUBJECTIVE-PROBABILITY
UNCERTAINTY AVERSION
QUANTUM-MECHANICS
EXPECTED UTILITY
DECISION-MAKING
PREFERENCES
DEFINITION
FLEXIBILITY
LOTTERIES
AXIOM
AI总结
对已上传原文的论文进行重点信息的提取，主要内容包括：简要概述、研究摘要、背景介绍、关键亮点、图文解析、展望与总结。
期刊
IF:
6.4
论文数:
2.5K
被引数:
2.1W
机构
暂无机构信息
引用论文
Within‐Seed Distribution of Selected Mineral Elements among Soybean Genotypes that Vary in Iron Efficiency.png)
Crop Science
OAAI
Crop ScienceIF0
OAAI分享收藏分享收藏
查看更多内容