Subjective ambiguity, expected utility and Choquet expected utility

DOI10.1007/s001990100207zbMath1032.91050OpenAlexW2059764265MaRDI QIDQ1865195

Jian-Kang Zhang

Publication date: 25 March 2003

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s001990100207

zbMATH Keywords

Choquet expected utilityAmbiguityCapacityExpected utility\(\lambda\)-systemInner measure

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (27)

Subjective probabilities on ``small domains ⋮ Ambiguous events and maxmin expected utility ⋮ Portfolio inertia under ambiguity ⋮ Crisp monetary acts in multiple-priors models of decision under ambiguity ⋮ Maxmin expected utility with additivity on unambiguous events ⋮ On the Ellsberg and Machina paradoxes ⋮ Choquet operators and belief functions ⋮ ``Agreeing to disagree type results under ambiguity ⋮ Hurwicz expected utility and subjective sources ⋮ Maxmin expected utility in Savage's framework ⋮ Purely subjective extended Bayesian models with Knightian unambiguity ⋮ Unambiguous events and dynamic Choquet preferences ⋮ Ambiguity and the Bayesian Paradigm ⋮ Definitions of ambiguous events and the smooth ambiguity model ⋮ Ambiguity aversion and trade ⋮ Rational preferences under ambiguity ⋮ Multi-polar Choquet integral ⋮ Decomposition-integral: unifying Choquet and the concave integrals ⋮ Coherent Dempster-Shafer equilibrium and ambiguous signals ⋮ Diversification preferences in the theory of choice ⋮ When an event makes a difference ⋮ Reconciling Savage's and Luce's modeling of uncertainty: the best of both worlds ⋮ A special class of fuzzy measures: Choquet integral and applications ⋮ Calibrated uncertainty ⋮ Qualitative probabilities on \(\lambda\)-systems ⋮ More ambiguity aversion or more risk aversion? ⋮ The likelihood method for decision under uncertainty

This page was built for publication: Subjective ambiguity, expected utility and Choquet expected utility