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Modeling attitudes toward uncertainty through the use of the Sugeno integral

Author

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  • Alain Chateauneuf

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Michel Grabisch

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Agnès Rico

    (LIRIS - Laboratoire d'InfoRmatique en Image et Systèmes d'information - UL2 - Université Lumière - Lyon 2 - ECL - École Centrale de Lyon - Université de Lyon - UCBL - Université Claude Bernard Lyon 1 - Université de Lyon - INSA Lyon - Institut National des Sciences Appliquées de Lyon - Université de Lyon - INSA - Institut National des Sciences Appliquées - CNRS - Centre National de la Recherche Scientifique)

Abstract

The aim of the paper is to present under uncertainty, and in an ordinal framework, an axiomatic treatment of the Sugeno integral in terms of preferences which parallels some earlier derivations devoted to the Choquet integral. Some emphasis is given to the characterization of uncertainty aversion.

Suggested Citation

  • Alain Chateauneuf & Michel Grabisch & Agnès Rico, 2008. "Modeling attitudes toward uncertainty through the use of the Sugeno integral," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00327700, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00327700
    DOI: 10.1016/j.jmateco.2007.09.003
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00327700
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    References listed on IDEAS

    as
    1. Daniel Ellsberg, 2000. "Risk, Ambiguity and the Savage Axioms," Levine's Working Paper Archive 7605, David K. Levine.
    2. Jean-Marc Tallon & Alain Chateauneuf, 2002. "Diversification, convex preferences and non-empty core in the Choquet expected utility model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 19(3), pages 509-523.
    3. Schmeidler, David, 1989. "Subjective Probability and Expected Utility without Additivity," Econometrica, Econometric Society, vol. 57(3), pages 571-587, May.
    4. Dubois, Didier & Prade, Henri & Sabbadin, Regis, 2001. "Decision-theoretic foundations of qualitative possibility theory," European Journal of Operational Research, Elsevier, vol. 128(3), pages 459-478, February.
    5. Daniel Ellsberg, 1961. "Risk, Ambiguity, and the Savage Axioms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 75(4), pages 643-669.
    6. Dieter Denneberg & Michel Grabisch, 2004. "Measure and integral with purely ordinal scales," Post-Print hal-00272078, HAL.
    7. Abdellaoui, Mohammed & Barrios, Carolina & Wakker, Peter P., 2007. "Reconciling introspective utility with revealed preference: Experimental arguments based on prospect theory," Journal of Econometrics, Elsevier, vol. 138(1), pages 356-378, May.
    8. Michel Grabisch & Jacques Duchene & Frédéric Lino & Patrice Perny, 2002. "Subjective Evaluation of Discomfort in Sitting Positions," Post-Print halshs-00273179, HAL.
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    Cited by:

    1. Brice Mayag & Michel Grabisch & Christophe Labreuche, 2009. "A characterization of the 2-additive Choquet integral through cardinal information," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00445132, HAL.
    2. Brice Mayag & Michel Grabisch & Christophe Labreuche, 2011. "A representation of preferences by the Choquet integral with respect to a 2-additive capacity," Theory and Decision, Springer, vol. 71(3), pages 297-324, September.
    3. Christopher P. Chambers & Alan D. Miller, 2023. "Multiple Adjusted Quantiles," Papers 2305.06354, arXiv.org.
    4. Boczek, Michał & Hovana, Anton & Hutník, Ondrej & Kaluszka, Marek, 2021. "New monotone measure-based integrals inspired by scientific impact problem," European Journal of Operational Research, Elsevier, vol. 290(1), pages 346-357.
    5. Michał Boczek, 2015. "On some risk measures," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 37, pages 323-338.

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