Comparing three ways to update Choquet beliefs

We analyze three rules for updating neo-additive capacities. Only for Generalized Bayesian Updating is relative optimism the same for both updated and unconditional capacities. For updates of the other two, either the updated capacity is fully optimistic or fully pessimistic.

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Year of publication:	2010
Authors:	Eichberger, Jürgen ; Grant, Simon ; Kelsey, David
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 107.2010, 2, p. 91-94
Publisher:	Elsevier
Keywords:	Choquet Expected Utility Generalized Bayesian Updating Neo-additive capacity

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008551316