This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Decision Making with Belief Functions: Compatibility and Incompatibility with the Sure-Thing Principle

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
 Jaffray, Jean-Yves
Wakker, Peter

Additional information is available for the following registered author(s):

Abstract

This article studies situations in which information is ambiguous and only part of it can be probably. It is shown that the information can be modeled through belief functions if and only if the nonprobabilizable information is subject to the principle of complete ignorance. Next the representability of decisions by belief functions on outcomes is justified by means of a neutrality axiom. The natural weakening of Savage's sure-thing principle to unambiguous events is examined and its implications for decision making are identified. Copyright 1993 by Kluwer Academic Publishers

Download Info
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Publisher Info
Article provided by Springer in its journal Journal of Risk and Uncertainty.

Volume (Year): 7 (1993)
Issue (Month): 3 (December)
Pages: 255-71
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:jrisku:v:7:y:1993:i:3:p:255-71

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100299

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Other versions of this item:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. Pedro Miranda & Michel Grabisch & Pedro Gil, 2006. "Dominance of capacities by k-additive belief functions," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00186905_v1, HAL. [Downloadable!]
    Other versions:
  2. Luca Rigotti & Matthew Ryan & Rema Vaithianathan, 2001. "Entrepreneurial Innovation," Department of Economics, Working Paper Series 1016, Department of Economics, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
    Other versions:
  3. Sujoy Mukerji & Hyun Song Shin, 2002. "Equilibrium Departures from Common Knowledge in Games with Non-Additive Expected Utility," Advances in Theoretical Economics, Berkeley Electronic Press, vol. 2(1), pages 1011-1011. [Downloadable!] (restricted)
    Other versions:
  4. Faruk Gul & Wolfgang Pesendorfer, 2008. "Measurable Ambiguity," Levine's Bibliography 122247000000002185, UCLA Department of Economics. [Downloadable!]
Statistics
Access and download statistics

Did you know? IDEAS is also providing many rankings, for example of authors and institutions.

This page was last updated on 2009-11-7.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.