Subjective Expected Utility and Psychological Gambles

• Tác giả: Gianluca Cassese
• Ngôn ngữ: eng
• Ký hiệu phân loại: 171.5 Consequentialism and utilitarianism
• Thông tin xuất bản: 2023
• Bộ sưu tập: Metadata
• ID: 197759

Tóm tắt

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.