Journal articles
Conditional expected utility criteria for decision making under ignorance or objective ambiguity
Abstract : We provide an axiomatic characterization of a family of criteria for ranking completely uncertain and/or ambiguous decisions. A completely uncertain decision is described by the set of all its consequences (assumed to be finite). An ambiguous decision is described as a set of possible probability distributions over a set of prizes. Every criterion in the family compares sets on the basis of their conditional expected utility , for some “likelihood” function taking strictly positive values and some utility function both having the universe of alternatives as their domain.
Cited literature [30 references]
https://hal-amu.archives-ouvertes.fr/hal-01988972
Contributor : Elisabeth Lhuillier <>
Submitted on : Friday, March 13, 2020 - 2:46:05 PM
Last modification on : Wednesday, August 5, 2020 - 3:17:46 AM
Long-term archiving on: : Sunday, June 14, 2020 - 2:26:36 PM
Contributor : Elisabeth Lhuillier <>
Submitted on : Friday, March 13, 2020 - 2:46:05 PM
Last modification on : Wednesday, August 5, 2020 - 3:17:46 AM
Long-term archiving on: : Sunday, June 14, 2020 - 2:26:36 PM
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