Temporal Resolution of Uncertainty and Recursive Non-Expected Utility Models.

If an agent (wealkly) prefers early resolution of uncertainty then the recursive forms of both the most commonly used non-expected utility models, betweenness and rank dependence, almost reduce to Kreps & Porteus's (1978) recurvise expected utility.

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Year of publication:	1997
Authors:	Grant, S ; Kajii, A ; Polak, B
Institutions:	Research School of Pacific and Asian Studies, College of Asia and the Pacific
Subject:	INFORMATION \| UNCERTAINTY

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Series:	Australian National University - Department of Economics.
Type of publication:	Book / Working Paper
Notes:	14 pages
Classification:	D8 - Information and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005478395