An expected utility theory for state-dependent preferences

DOI10.1007/s11238-016-9545-0zbMath1380.91078OpenAlexW183380527MaRDI QIDQ2404214

Edi Karni, David Schmeidler

Publication date: 18 September 2017

Published in: Theory and Decision (Search for Journal in Brave)

Full work available at URL: https://ageconsearch.umn.edu/record/275328/files/TEL-AVIV-FSWP-015.pdf

zbMATH Keywords

subjective expected utilitystate-dependent utilitysubjective probabilitiesstate-dependent preferences

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16) Individual preferences (91B08)

Related Items (6)

A theory of stochastic choice under uncertainty ⋮ On the indeterminacy of the representation of beliefs by probabilities ⋮ Comparative Risk Aversion for State-Dependent Preferences ⋮ Preferences over all random variables: incompatibility of convexity and continuity ⋮ Scenario-based portfolio model for building robust and proactive strategies ⋮ On the robustness of indeterminacy in subjective probability

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• A theory of stochastic choice under uncertainty
• De Finetti was right: Probability Does Not exist
• Do bets reveal beliefs? A unified perspective on state-dependent utility issues
• On the Determination of Subjective Probability by Choices
• State-Dependent Utility
• On State Dependent Preferences and Subjective Probabilities
• A Mixture-Set Axiomatization of Conditional Subjective Expected Utility
• A Definition of Subjective Probability

This page was built for publication: An expected utility theory for state-dependent preferences