In the framework of dynamic choice under uncertainty, we define dynamic stability as a combination of two assumptions prevalent in the literature: dynamic consistency and the requirement that updated preferences belong to the same class as ex ante ones. Maxmin preferences are shown to be not...

This paper explores the relationship between dynamic consistency and existing notions of unambiguous events for Choquet expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We show that the decision maker’s preferences respect...

This paper examines Amartya Sen's notion of 'commitment' in light of Geoffrey Brennan's recent discussion thereof. Its aim is to elucidate one type of commitment which consists in following social norms. To this end, I discuss Sen's 'apples' example from his 'Rational fools' essay (section 2)....

This paper explores the relationship between dynamic consistency and existing notions of unambiguous events for Choquet expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We show that the decision maker’s preferences respect...

The history of ethics is an essencial part of the history of philosphy. Utilitarianism is an abstract ethical doctrineat the core of which lie the concepts of pleasure and pain. This approach to normative ethics may be regarded as England’s most prominent contribution to the development of the...