Non-classical expected utility theory with application to type indeterminacy

In this paper we extend Savage's theory of decision-making under uncertainty from a classical environment into a non-classical one. We formulate the corresponding axioms and provide representation theorems for qualitative measures and expected utility. We also propose an application in simple game context in the spirit of Harsanyi.

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Year of publication:	2007-12
Authors:	Danilov, Vladimir I. ; Lambert-Mogiliansky, Ariane
Institutions:	HAL
Subject:	non-classical \| uncertainty \| decision-making

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00587721
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010739077