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Lexicographic expected utility with a subjective state space

Author

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  • Youichiro Higashi

    ()

  • Kazuya Hyogo

    ()

Abstract

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Suggested Citation

  • Youichiro Higashi & Kazuya Hyogo, 2012. "Lexicographic expected utility with a subjective state space," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 49(1), pages 175-192, January.
  • Handle: RePEc:spr:joecth:v:49:y:2012:i:1:p:175-192
    DOI: 10.1007/s00199-010-0546-x
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    References listed on IDEAS

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    1. Jacob Sagi, 2006. "What is an ‘endogenous state space’?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 27(2), pages 305-320, January.
    2. Paolo Ghirardato, 2001. "Coping with ignorance: unforeseen contingencies and non-additive uncertainty," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 17(2), pages 247-276.
    3. Adam Brandenburger & Amanda Friedenberg & H. Jerome Keisler, 2014. "Admissibility in Games," World Scientific Book Chapters,in: The Language of Game Theory Putting Epistemics into the Mathematics of Games, chapter 7, pages 161-212 World Scientific Publishing Co. Pte. Ltd..
    4. Kohlberg, Elon & Mertens, Jean-Francois, 1986. "On the Strategic Stability of Equilibria," Econometrica, Econometric Society, vol. 54(5), pages 1003-1037, September.
    5. Kreps, David M, 1979. "A Representation Theorem for "Preference for Flexibility"," Econometrica, Econometric Society, vol. 47(3), pages 565-577, May.
    6. Yutaka Nakamura, 2000. "Finite-dimensional utilities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 16(1), pages 209-218.
    7. Eddie eckel & Barton L Lipman & Aldo Rustichini & Todd Sarver, 2005. "Representing Preferences with a Unique Subjective State Space: Corrigendum," Boston University - Department of Economics - Working Papers Series WP2005-042, Boston University - Department of Economics.
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    Citations

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    Cited by:

    1. Spyros Galanis, 2013. "Unawareness of theorems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 41-73, January.

    More about this item

    Keywords

    Admissibility; Subjective state space; Non-Archimedean preferences; Lexicographic expected utility; D81;

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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