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We provide a behavioral foundation to the notion of 'mixture' of acts, which is used to great advantage in the decision setting introduced by Anscombe and Aumann (1963). Our construction allows one to formulate mixture-space axioms even in a fully subjective setting, without assuming the...
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We focus on the following uniqueness property of expected utility preferences: Agreement of two preferences on one interior indifference class implies their equality. We show that, besides expected utility preferences under (objective) risk, this uniqueness property holds for subjective expected...
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