Artikel
Nested identification of subjective probabilities
The theory of games against nature relies on complete preferences among all conceivable acts (case 1). Aumann and Drèze (Am Econ J Microecon 1(1):116,(2009) consider situations where preferences are defined only for a given set of acts (case 2).We extend these results to situations where (i) only the set of optimal elements from a given set of acts is known (case 3); (ii) only a single optimal act is known (case 4). To these four cases correspond four nested sets of admissible subjective probabilities. Cases 3 and 4 define the extent to which probabilities must be specified to solve a decision problem.
- Sprache
-
Englisch
- Erschienen in
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Journal: SERIEs - Journal of the Spanish Economic Association ; ISSN: 1869-4195 ; Volume: 3 ; Year: 2012 ; Issue: 1/2 ; Pages: 259-271 ; Heidelberg: Springer
- Klassifikation
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Noncooperative Games
- Thema
-
games
decisions
probability
elicitation
Entscheidungstheorie
Präferenztheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
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Dreze, Jacques H.
- Ereignis
-
Veröffentlichung
- (wer)
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Springer
- (wo)
-
Heidelberg
- (wann)
-
2012
- DOI
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doi:10.1007/s13209-011-0049-4
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Dreze, Jacques H.
- Springer
Entstanden
- 2012
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