Interpretations of Huiyuan Insight and Contemplation
نویسندگان
چکیده
منابع مشابه
Costly Contemplation∗
We study preferences over opportunity sets. Such preferences are monotone if every opportunity set is at least as good as its subsets. We prove a representation theorem for monotone preferences. The representation suggests that the decision maker optimally contemplates his mood before making his ultimate choice from his opportunity set. We show that our model reduces to that of Kreps (1979) whe...
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We extend the costly contemplation model to preferences over sets of lotteries, assuming that the state-dependent utilities are von Neumann-Morgenstern. The contemplation costs are uniquely pinned down in a reduced form representation, where the decision-maker selects a subjective measure over expected utility functions instead of a subjective signal over a subjective state space. We show that ...
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ژورنال
عنوان ژورنال: JOURNAL OF INDIAN AND BUDDHIST STUDIES (INDOGAKU BUKKYOGAKU KENKYU)
سال: 2004
ISSN: 1884-0051,0019-4344
DOI: 10.4259/ibk.53.309