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Edi Karni

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First Name: Edi
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Last Name: Karni
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RePEc Short-ID: pka445

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Homepage: http://econ.jhu.edu/people/karni/index.html
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Works

| Working papers | Articles | Chapters | Access and download statistics | Citations (if any)| NEP Fields |
Download all references for this author: available formats: HTML (with abstracts), plain text (with abstracts), BibTeX, RIS (EndNote), ReDIF

Working papers

  1. Edi Karni, 2007. "Bayesian Decision Theory and the Representation of Beliefs," Levine's Bibliography 321307000000000776, UCLA Department of Economics. [Downloadable!]
    Other versions:

  2. Edi Karni, 2005. "A New Approach to Modeling Decision-Making under Uncertainty and Defining Subjective Probabilities," Economics Working Paper Archive 519, The Johns Hopkins University,Department of Economics. [Downloadable!]

  3. Edi Karni, 2005. "Subjective Expected Utility Theory without States of the World," Economics Working Paper Archive 523, The Johns Hopkins University,Department of Economics. [Downloadable!]
    Published as:

  4. Edi Karni, 2005. "Foundations of Bayesian Theory," Economics Working Paper Archive 524, The Johns Hopkins University,Department of Economics. [Downloadable!]
    Published as:

  5. Edi Karni & Zvi Safra, 2003. "Moral Sentiments and Social Choice: Fairness Considerations in University Admissions," Economics Working Paper Archive 492, The Johns Hopkins University,Department of Economics. [Downloadable!]

  6. Grant, S. & Karni, E., 2002. "Why does it matter that beliefs and valuations be correctly represented?," Discussion Paper 12, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
    Published as:

  7. Barry Sopher & Edi Karni & Tim Salmon, 2001. "Individual Sense of Fairness: An Experimental Study," Departmental Working Papers 200107, Rutgers University, Department of Economics. [Downloadable!]
    Published as:

  8. Karni, E. & Zilcha, I., 1998. "Saving Behaviour in Stationary Equilibrium with Random Discounting," Papers 29-98, Tel Aviv.

  9. E. Karni & Ph. Mongin, 1997. "On the determination of subjective probability by choices," THEMA Working Papers 97-37, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    Other versions:

  10. Karni, E. & Zilcha, I., 1993. "Technological Progress and Income Inequality: A Model with Human Capital and Bequest," Papers 8-93, Tel Aviv - the Sackler Institute of Economic Studies.

  11. Karni, E. & Schmeidler, D., 1991. "On the Uniqueness of Subjective Probabilities," Papers 1-92, Tel Aviv - the Sackler Institute of Economic Studies.
    Published as:

  12. Chew, S.H. & Karni, E., 1991. "Choquet Expected Utility: Commutativity and Act-Independence," Papers 91-92-01, California Irvine - School of Social Sciences.

  13. Schmeidler, D. & Karni, E., 1990. "A Temporal Dynamic Consistency And Expected Utility Theory," Papers 39-90, Tel Aviv.
    Published as:

  14. Edi Karni, 1990. "Optimal Insurance: A Nonexpected Utility Analysis," Discussion Paper Serie A 288, University of Bonn, Germany.

  15. Karni, E. & Zilcha, I., 1990. "Technological Progress And Income Inequality," Papers 1-90, Tel Aviv.
    Published as:

  16. Karni, E. & Safra, Z., 1988. "Rank-Dependent Probabilities," Papers 11-88, Tel Aviv.
    Published as:

  17. Karni, E. & Safra, Z., 1988. "Ascending Bid Auctions With Behaviorally Consistent Bidders," Papers 1-88, Tel Aviv.

  18. Karni, E. & Safra, Z., 1988. "Some Observations On The Nature Of Risk Aversion," Papers 20-88, Tel Aviv.

  19. Karni, E. & Safra, Z., 1988. "Behaviorally Consistent Optimal Stopping Rules," Papers 9-88, Tel Aviv.
    Published as:

  20. Karni, E., 1988. "Limit Standards Of Behavior," Papers 2-88, Tel Aviv.

  21. Karni, E. & Zilda, I., 1988. "Aggregate And Distributional Effects Of Social Security," Papers 13-88, Tel Aviv.

  22. Karni, Edi & John A. Weymark, . "An Informationally Parsimonious Impartial Observer Theorem," Old UBC Departmental Papers 9615, UBC Department of Economics. [Downloadable!]
    Published as:

Articles

  1. Karni, Edi, 2009. "A reformulation of the maxmin expected utility model with application to agency theory," Journal of Mathematical Economics, Elsevier, vol. 45(1-2), pages 97-112, January. [Downloadable!] (restricted)

  2. Karni, Edi, 2008. "Unknowable states and choice-based definitions of subjective probabilities," Economics Letters, Elsevier, vol. 99(3), pages 534-536, June. [Downloadable!] (restricted)

  3. Edi Karni, 2008. "Agency theory: choice-based foundations of the parametrized distribution formulation," Economic Theory, Springer, vol. 36(3), pages 337-351, September. [Downloadable!] (restricted)

  4. Edi Karni, 2008. "On Optimal Insurance in the Presence of Moral Hazard*," The Geneva Risk and Insurance Review, Palgrave Macmillan Journals, vol. 33(1), pages 1-18, June. [Downloadable!] (restricted)

  5. Edi Karni & Tim Salmon & Barry Sopher, 2008. "Individual sense of fairness: an experimental study," Experimental Economics, Springer, vol. 11(2), pages 174-189, June. [Downloadable!] (restricted)
    Other versions:

  6. Edi Karni & Zvi Safra, 2008. "Moral sentiments and social choice," Social Choice and Welfare, Springer, vol. 30(3), pages 427-446, April. [Downloadable!] (restricted)

  7. Karni, Edi, 2007. "Archimedean and continuity," Mathematical Social Sciences, Elsevier, vol. 53(3), pages 332-334, May. [Downloadable!] (restricted)

  8. Gary Charness & Edi Karni & Dan Levin, 2007. "Individual and group decision making under risk: An experimental study of Bayesian updating and violations of first-order stochastic dominance," Journal of Risk and Uncertainty, Springer, vol. 35(2), pages 129-148, October. [Downloadable!] (restricted)
    Other versions:

  9. Karni, Edi, 2007. "Foundations of Bayesian theory," Journal of Economic Theory, Elsevier, vol. 132(1), pages 167-188, January. [Downloadable!] (restricted)
    Other versions:

  10. Edi Karni, 2007. "A new approach to modeling decision-making under uncertainty," Economic Theory, Springer, vol. 33(2), pages 225-242, November. [Downloadable!] (restricted)

  11. Karni, Edi, 2006. "Subjective expected utility theory without states of the world," Journal of Mathematical Economics, Elsevier, vol. 42(3), pages 325-342, June. [Downloadable!] (restricted)
    Other versions:

  12. Karni, Edi, 2005. "Subjective expected utility theory with costly actions," Games and Economic Behavior, Elsevier, vol. 50(1), pages 28-41, January. [Downloadable!] (restricted)

  13. Karni, Edi & Postlewaite, Andrew, 2005. "David Schmeidler," Games and Economic Behavior, Elsevier, vol. 50(1), pages 1-2, January. [Downloadable!] (restricted)

  14. Simon Grant & Edi Karni, 2005. "Why Does It Matter That Beliefs And Valuations Be Correctly Represented?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(3), pages 917-934, 08. [Downloadable!] (restricted)
    Other versions:

  15. Karni, Edi, 2004. "Additive representations over actions and acts," Mathematical Social Sciences, Elsevier, vol. 48(2), pages 113-119, September. [Downloadable!] (restricted)

  16. Grant, Simon & Karni, Edi, 2004. "A theory of quantifiable beliefs," Journal of Mathematical Economics, Elsevier, vol. 40(5), pages 515-546, August. [Downloadable!] (restricted)

  17. Karni, Edi, 2003. " On the Representation of Beliefs by Probabilities," Journal of Risk and Uncertainty, Springer, vol. 26(1), pages 17-38, January. [Downloadable!] (restricted)

  18. Edi Karni, 2003. "Impartiality and interpersonal comparisons of variations in well-being," Social Choice and Welfare, Springer, vol. 21(1), pages 95-111, 08. [Downloadable!] (restricted)

  19. Edi Karni & Zvi Safra, 2002. "Individual Sense of Justice: A Utility Representation," Econometrica, Econometric Society, vol. 70(1), pages 263-284, January. [Downloadable!] (restricted)

  20. Karni, Edi & Safra, Zvi, 2002. "Intensity of the Sense of Fairness: Measurement and Behavioral Characterization," Journal of Economic Theory, Elsevier, vol. 105(2), pages 318-337, August. [Downloadable!] (restricted)

  21. Grant, Simon & Karni, Edi, 2001. "On the equivalence of preferences," Economics Letters, Elsevier, vol. 70(3), pages 341-348, March. [Downloadable!] (restricted)

  22. Edi Karni & Itzhak Zilcha, 2000. "research articles : Saving behavior in stationary equilibrium with random discounting," Economic Theory, Springer, vol. 15(3), pages 551-564. [Downloadable!] (restricted)

  23. Karni, Edi & Safra, Zvi, 2000. "An extension of a theorem of von Neumann and Morgenstern with an application to social choice theory," Journal of Mathematical Economics, Elsevier, vol. 34(3), pages 315-327, November. [Downloadable!] (restricted)

  24. Karni, Edi, 1999. "Elicitation of Subjective Probabilities When Preferences Are State-Dependent," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(2), pages 479-86, May.

  25. Jaffray, Jean-Yves & Karni, Edi, 1999. "Elicitation of Subjective Probabilities When the Initial Endowment is Unobservable," Journal of Risk and Uncertainty, Springer, vol. 18(1), pages 5-20, April. [Downloadable!] (restricted)

  26. Edi Karni, 1998. "Impartiality: Definition and Representation," Econometrica, Econometric Society, vol. 66(6), pages 1405-1416, November.

  27. Edi Karni & John A. Weymark, 1998. "An informationally parsimonious impartial observer theorem," Social Choice and Welfare, Springer, vol. 15(3), pages 321-332. [Downloadable!] (restricted)
    Other versions:

  28. W. Henry Chiu & Edi Karni, 1998. "Endogenous Adverse Selection and Unemployment Insurance," Journal of Political Economy, University of Chicago Press, vol. 106(4), pages 806-827, August. [Downloadable!] (restricted)

  29. Karni, Edi & Chakrabarti, Subir K., 1997. "Political structure, taxes, and trade," Journal of Public Economics, Elsevier, vol. 64(2), pages 241-258, May. [Downloadable!] (restricted)

  30. Karni, Edi, 1996. "Probabilities and Beliefs," Journal of Risk and Uncertainty, Springer, vol. 13(3), pages 249-62, November.

  31. Edi Karni, 1996. "Social welfare functions and fairness," Social Choice and Welfare, Springer, vol. 13(4), pages 487-496.

  32. Karni, Edi & Zilcha, Itzhak, 1995. "Technological Progress and Income Inequality," Economic Theory, Springer, vol. 5(2), pages 277-94, March.
    Other versions:

  33. Karni, Edi & Schlee, Edward E, 1995. "Utility Theory with Probability Dependent Outcome Valuation: Extensions and Applications," Journal of Risk and Uncertainty, Springer, vol. 10(2), pages 127-42, March.

  34. Edi Karni, 1995. "Non-Expected Utility and The Robustness of the Classical Insurance Paradigm: Discussion," The Geneva Risk and Insurance Review, Palgrave Macmillan Journals, vol. 20(1), pages 51-56, June. [Downloadable!] (restricted)

  35. Karni, Edi & Levin, Dan, 1994. "Social Attributes and Strategic Equilibrium: A Restaurant Pricing Game," Journal of Political Economy, University of Chicago Press, vol. 102(4), pages 822-40, August. [Downloadable!] (restricted)

  36. Karni, Edi & Safra, Zvi, 1994. "Unbounded Behaviorally Consistent Stopping Rules," Journal of Risk and Uncertainty, Springer, vol. 9(3), pages 231-38, December.

  37. Hong Chew Soo & Karni Edi, 1994. "Choquet Expected Utility with a Finite State Space: Commutativity and Act-Independence," Journal of Economic Theory, Elsevier, vol. 62(2), pages 469-479, April. [Downloadable!] (restricted)

  38. Karni, Edi, 1993. "A Definition of Subjective Probabilities with State-Dependent Preferences," Econometrica, Econometric Society, vol. 61(1), pages 187-98, January. [Downloadable!] (restricted)

  39. Karni, Edi & Schmeidler, David, 1993. "On the Uniqueness of Subjective Probabilities," Economic Theory, Springer, vol. 3(2), pages 267-77, April.
    Other versions:

  40. Karni Edi, 1993. "Subjective Expected Utility Theory with State-Dependent Preferences," Journal of Economic Theory, Elsevier, vol. 60(2), pages 428-438, August. [Downloadable!] (restricted)

  41. Karni, Edi, 1992. " Subjective Probabilities and Utility with Even-Dependent Preferences," Journal of Risk and Uncertainty, Springer, vol. 5(2), pages 107-25, May.

  42. Karni, Edi & Schmeidler, David, 1991. "Atemporal dynamic consistency and expected utility theory," Journal of Economic Theory, Elsevier, vol. 54(2), pages 401-408, August. [Downloadable!] (restricted)
    Other versions:

  43. Karni, Edi & Safra, Zvi, 1990. "Rank-Dependent Probabilities," Economic Journal, Royal Economic Society, vol. 100(401), pages 487-95, June. [Downloadable!] (restricted)
    Other versions:

  44. Karni, Edi & Safra, Zvi, 1990. "Behaviorally consistent optimal stopping rules," Journal of Economic Theory, Elsevier, vol. 51(2), pages 391-402, August. [Downloadable!] (restricted)
    Other versions:

  45. Karni, Edi & Schmeidler, David, 1990. "Fixed Preferences and Changing Tastes," American Economic Review, American Economic Association, vol. 80(2), pages 262-67, May. [Downloadable!] (restricted)

  46. Karni, Edi, 1989. "Generalized Expected Utility Analysis of Multivariate Risk Aversion," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(2), pages 297-305, May. [Downloadable!] (restricted)

  47. Karni, Edi & Safra, Zvi, 1989. "Dynamic Consistency, Revelations in Auctions and the Structure of Preferences," Review of Economic Studies, Blackwell Publishing, vol. 56(3), pages 421-33, July. [Downloadable!] (restricted)

  48. Karni, Edi & Zilcha, Itzhak, 1989. "Aggregate and distributional effects of fair social security," Journal of Public Economics, Elsevier, vol. 40(1), pages 37-56, October. [Downloadable!] (restricted)

  49. Hong, Chew Soo & Karni, Edi & Safra, Zvi, 1987. "Risk aversion in the theory of expected utility with rank dependent probabilities," Journal of Economic Theory, Elsevier, vol. 42(2), pages 370-381, August. [Downloadable!] (restricted)

  50. Karni, Edi, 1987. "Generalized Expected Utility Analysis of Risk Aversion with State-Dependent Preference," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 28(1), pages 229-40, February. [Downloadable!] (restricted)

  51. Karni, Edi & Safra, Zvi, 1987. ""Preference Reversal' and the Observability of Preferences by Experimental Methods," Econometrica, Econometric Society, vol. 55(3), pages 675-85, May. [Downloadable!] (restricted)

  52. Karni, Edi & Safra, Zvi, 1986. "Vickrey auctions in the theory of expected utility with rank-dependent probabilities," Economics Letters, Elsevier, vol. 20(1), pages 15-18. [Downloadable!] (restricted)

  53. Karni, Edi & Schmeidler, David, 1986. "Self-preservation as a foundation of rational behavior under risk," Journal of Economic Behavior & Organization, Elsevier, vol. 7(1), pages 71-81, March. [Downloadable!] (restricted)

  54. Karni, Edi & Zilcha, Itzhak, 1986. "Welfare and comparative statics implications of fair social security : A steady-state analysis," Journal of Public Economics, Elsevier, vol. 30(3), pages 341-357, August. [Downloadable!] (restricted)

  55. Karni, Edi, 1985. "Increasing risk with state-dependent preferences," Journal of Economic Theory, Elsevier, vol. 35(1), pages 172-177, February. [Downloadable!] (restricted)

  56. Karni, Edi, 1984. "Flight insurance pricing and the theory of choice," Economics Letters, Elsevier, vol. 14(4), pages 315-319. [Downloadable!] (restricted)

  57. Karni, Edi, 1983. "On Optimal Wage Indexation," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 282-92, April. [Downloadable!] (restricted)

  58. Karni, Edi, 1983. "Risk Aversion for State-Dependent Utility Functions: Measurement and Applications," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 24(3), pages 637-47, October. [Downloadable!] (restricted)

  59. Karni, Edi & Schmeidler, David & Vind, Karl, 1983. "On State Dependent Preferences and Subjective Probabilities," Econometrica, Econometric Society, vol. 51(4), pages 1021-31, July. [Downloadable!] (restricted)

  60. Karni, Edi, 1983. "On the correspondence between multivariate risk aversion and risk aversion with state-dependent preferences," Journal of Economic Theory, Elsevier, vol. 30(2), pages 230-242, August. [Downloadable!] (restricted)

  61. Karni, Edi, 1982. "Risk Aversion and Saving Behavior: Summary and Extension," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 23(1), pages 35-42, February. [Downloadable!] (restricted)

  62. Karni, Edi, 1980. "A Note on Lucas's Equilibrium Model of the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1231-36, December. [Downloadable!] (restricted)

  63. Karni, Edi & Shapiro, Barbara, 1980. "Tales of Horror from Ivory Towers," Journal of Political Economy, University of Chicago Press, vol. 88(1), pages 210-12, February. [Downloadable!] (restricted)

  64. Karni, Edi, 1979. "On the Specification of Asset Equilibrium in Macroeconomic Models: A Note," Journal of Political Economy, University of Chicago Press, vol. 87(1), pages 171-77, February. [Downloadable!] (restricted)

  65. Karni, Edi, 1979. "Equilibrium business cycle theory with centralized trading in some assets," Economics Letters, Elsevier, vol. 4(2), pages 111-115. [Downloadable!] (restricted)

  66. Karni, Edi, 1979. "On Multivariate Risk Aversion," Econometrica, Econometric Society, vol. 47(6), pages 1391-1401, November. [Downloadable!] (restricted)

  67. Karni, Edi, 1979. "A simple test of the theory of the short-run Phillips curve," Economics Letters, Elsevier, vol. 3(3), pages 229-233. [Downloadable!] (restricted)

  68. Karni, Edi, 1979. "The Israeli Economy, 1973-1976: A Survey of Recent Developments and a Review of an Old Problem," Economic Development and Cultural Change, University of Chicago Press, vol. 28(1), pages 63-76, October.

  69. Karni, Edi, 1978. "On the nature and the role of investment function in macroeconomic theory," Journal of Monetary Economics, Elsevier, vol. 4(4), pages 735-742, November. [Downloadable!] (restricted)

  70. Karni, Edi, 1978. "Collective Rationality, Unanimity and Liberal Ethics," Review of Economic Studies, Blackwell Publishing, vol. 45(3), pages 571-74, October. [Downloadable!] (restricted)

  71. Karni, Edi, 1978. "Period analysis and continuous analysis in Patinkin's macroeconomic model," Journal of Economic Theory, Elsevier, vol. 17(1), pages 134-140, February. [Downloadable!] (restricted)

  72. Karni, Edi & Schwartz, Aba, 1977. "Search theory: The case of search with uncertain recall," Journal of Economic Theory, Elsevier, vol. 16(1), pages 38-52, October. [Downloadable!] (restricted)

  73. Karni, Edi & Schmeidler, David, 1976. "Independence of nonfeasible alternatives, and independence of nonoptimal alternatives," Journal of Economic Theory, Elsevier, vol. 12(3), pages 488-493, June. [Downloadable!] (restricted)

  74. Uri Ben-Zion & Edi Karni, 1976. "The Utility of Money and the Transactions Demand for Cash," Canadian Journal of Economics, Canadian Economics Association, vol. 9(1), pages 165-71, February. [Downloadable!] (restricted)

  75. Karni, Edi, 1976. "On the Private Production of Public Goods," Review of Social Economy, Taylor and Francis Journals, vol. 34(1), pages 41-51, April.

  76. Karni, Edi, 1976. "The value of time and the demand for money : A rejoinder," Journal of Monetary Economics, Elsevier, vol. 1(4), pages 497-498, October. [Downloadable!] (restricted)

  77. Karni, Edi, 1975. "The Value of Time and the Demand for Money: Evidence from U.K. Time Series Data," Australian Economic Papers, Blackwell Publishing, vol. 14(25), pages 231-39, December.

  78. Karni, Edi, 1974. "The Value of Time and the Demand for Money," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 6(1), pages 45-64, February. [Downloadable!] (restricted)

  79. Karni, Edi, 1973. "The Transactions Demand for Cash: Incorporation of the Value of Time into the Inventory Approach," Journal of Political Economy, University of Chicago Press, vol. 81(5), pages 1216-25, Sept.-Oct. [Downloadable!] (restricted)

  80. Darby, Michael R & Karni, Edi, 1973. "Free Competition and the Optimal Amount of Fraud," Journal of Law & Economics, University of Chicago Press, vol. 16(1), pages 67-88, April.

  81. Karni, Edi, 1972. "Inflation and Real Interest Rate: A Long-Term Analysis," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 365-74, March-Apr. [Downloadable!] (restricted)

Chapters

  1. Karni, Edi & Schmeidler, David, 1991. "Utility theory with uncertainty," Handbook of Mathematical Economics, in: W. Hildenbrand & H. Sonnenschein (ed.), Handbook of Mathematical Economics, edition 1, volume 4, chapter 33, pages 1763-1831 Elsevier. [Downloadable!] (restricted)

NEP Fields

4 papers by this author were announced in NEP, and specifically in the following field reports (number of papers):
  1. NEP-GTH: Game Theory (1) 2007-02-10 Author is listed
  2. NEP-HPE: History & Philosophy of Economics (2) 2007-01-23 2007-02-10 Author is listed
  3. NEP-MIC: Microeconomics (1) 2002-04-03 Author is listed
  4. NEP-UPT: Utility Models & Prospect Theory (1) 2007-01-23 Author is listed
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This page was last updated on 2009-11-15.

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