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Cognitive Rationality and Alternative Belief Measures

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  • Billot, Antoine

Abstract

In this article, we first examine the various criticisms of the probabilistic model. Then we introduce capacities in order to show that if a probability measure corresponds to anesthetizing the belief of the agent's knowledge, it is then possible to suggest another type of rationality--namely, being able to describe a wise adn a rash behavior when facing risk--and therefore another model of belief under uncertainty. While trying to specify various alternative measures, possibility, necessity, and measures resulting from a triangular norm or froma triangular conorm, we finally try to define the field of application of the probabilistic model as well as a sign of the rationality choice: constraint of mass-unity for traditional rationality, and constraint of duality for the one we present. Copyright 1991 by Kluwer Academic Publishers

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  • Billot, Antoine, 1991. "Cognitive Rationality and Alternative Belief Measures," Journal of Risk and Uncertainty, Springer, vol. 4(3), pages 299-324, July.
    • Handle: RePEc:kap:jrisku:v:4:y:1991:i:3:p:299-324
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    Cited by:

    1. Hagen Lindstädt, 2004. "Entscheidungskalküle jenseits des subjektiven Erwartungsnutzens," Schmalenbach Journal of Business Research, Springer, vol. 56(6), pages 495-519, September.

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