This paper is devoted to the study of opportunity sets comparisons when the sets may contain options whose characteristics are not completely known. We propose a suitable environment in which this problem can be approached, and provide axiomatic characterizations of several rules for ranking sets in such a context.
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Paper provided by Bielefeld University, Institute of Mathematical Economics in its series Working Papers with number
364.
Find related papers by JEL classification: D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
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