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Maxmin weighted expected utility: a simpler characterization

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Publication:272150
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DOI10.1007/s11238-015-9516-xzbMath1378.91088OpenAlexW1803817969MaRDI QIDQ272150

Joseph Y. Halpern, Samantha Leung

Publication date: 20 April 2016

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

Full work available at URL: https://doi.org/10.1007/s11238-015-9516-x


zbMATH Keywords

ambiguity aversionaxiomatizationmaxmin expected utilityweighted probabilities


Mathematics Subject Classification ID

Utility theory (91B16)


Related Items (1)

Information, Bertrand-Edgeworth competition and the law of one price



Cites Work

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  • Unnamed Item
  • Ambiguity through confidence functions
  • Maxmin expected utility with non-unique prior
  • A behavioural model for vague probability assessments
  • Regret aversion and opportunity dependence
  • Risk, Ambiguity, and the Savage Axioms
  • STATISTICAL INFERENCES BASED ON A SECOND-ORDER POSSIBILITY DISTRIBUTION
  • Ambiguity Aversion, Robustness, and the Variational Representation of Preferences
  • A Smooth Model of Decision Making under Ambiguity
  • A Definition of Subjective Probability
  • An Axiomatic Approach to Measurable Utility
  • Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine


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