To “ Framing Contingencies ”
نویسندگان
چکیده
This online supplement provides additional material to accompany “Framing Contingencies” by Ahn and Ergin. We characterize monotonicity, subadditivity, and superadditivity of the support function. We connect the case where the available partitions constitute a filtration and the case where all partitions are available. We define a local notion of transparency relative to a description of the state space. This local notion has desirable epistemic properties and naturally extends the structural properties of global transparency.
منابع مشابه
Framing Contingencies ∗
We introduce a model of decision making under uncertainty which incorporates framing effects for how contingencies are described. The primitive is a family of preferences, indexed by partitions of the state space. Each partition corresponds to a description of the state space. We axiomatically characterize the following partition-dependent expected utility representation. The decision maker has...
متن کاملFraming contingencies in contracts
The paper develops a contracting model where the principal frames the contract when the agent is unaware of some contingencies, yet is aware that she may be unaware. We call the contract vague if the agent is still unaware of some contingencies after understanding the contract. We show that the optimal contract is vague if and only if the principal exploits the agent. Applying the model to an i...
متن کاملSubjective Contingencies and Limited Bayesian Updating
Motivated by the observation that the same piece of information may well be interpreted di↵erently by di↵erent individuals, we propose a way to incorporate the decision maker’s subjective understanding of uncertainty in the revealed preference paradigm. Our decision maker acts as if she operates with a set of subjective contingencies that is coarser than the analyst’s state space, and adopts an...
متن کاملCascade fuzzy neural network based voltage contingency screening and ranking
A method based on cascade fuzzy neural network (CFNN) comprising of a filter module and ranking module is proposed for online voltage contingency screening and ranking under known but uncertain loads. A new fuzzy performance index, which combines voltage violations and voltage stability margin following a contingency, is proposed for effective voltage security ranking. All the selected continge...
متن کاملDetermining Appropriate Buses and Networks for Applying Demand Side Management Programs by Structural Analysis of EENS
The main goal of this paper is to structurally analyze impact of DSM programs on reliability indices. A new approach is presented to structurally decompose reliability index Expected Energy Not Supplied (EENS) by using Monte Carlo simulation. EENS is decomposed into two terms. The first term indicates EENS which is caused by generation contingencies. The second term indicates EENS which is caus...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2010