Subjective Recursive Expected Utility

We axiomatize a subjective version of the recursive expected utility model. This development extends the seminal results of Kreps and Porteus (1978) to a subjective framework and provides foundations that are easy to relate to axioms familiar from timeless models of decision making under uncertainty. Our analysis also clarifies what is needed in going from a represention that applies within a single filtration to an across filtration representation

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Year of publication:	[2004]
Authors:	Klibanoff, Peter
Other Persons:	Ozdenoren, Emre (contributor)
Publisher:	[2004]: [S.l.] : SSRN

Extent:	1 Online-Ressource (53 p)
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 2004 erstellt
Other identifiers:	10.2139/ssrn.624221 [DOI]
Classification:	D80 - Information and Uncertainty. General ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; D90 - Intertemporal Choice and Growth. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012737788