Generalized neo-additive capacities and updating
نویسندگان
چکیده
منابع مشابه
Generalized neo-additive capacities and updating
This paper shows that, for Choquet expected utility preferences, the axioms consquentialism, state independence and conditional certainty equivalent consistency under updating characterise a family of capacities, which we call Generalized Neo-Additive Capacities (GNAC). This family contains as special cases, among others, neo-additive capacities as introduced by Chateauneuf, Eichberger, and Gra...
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The concept of a non-extreme-outcome-additive capacity (neo-additive capacity ) is introduced. Neo-additive capacities model optimistic and pessimistic attitudes towards uncertainty as observed in many experimental studies. Moreover, neo-additive capacities can be applied easily in economic problems, as we demonstrate by examples. This paper provides an axiomatisation of Choquet expected utilit...
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In this paper we deal with the problem of axiomatizing the preference relations modelled through Choquet integral with respect to a k-additive capacity, i.e. whose Möbius transform vanishes for subsets of more than k elements. Thus, k-additive capacities range from probability measures (k = 1) to general capacities (k = n). The axiomatization is done in several steps, starting from symmetric 2-...
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ژورنال
عنوان ژورنال: International Journal of Economic Theory
سال: 2012
ISSN: 1742-7355
DOI: 10.1111/j.1742-7363.2012.00189.x