What Is an 'Endogenous State Space'?

In the literature on choice under unforeseen contingencies, the decision maker behaves as if she aggregates possible instances of future rankings indexed by a set S. The set S is interpreted as a subjective state space even though subsequent rankings need not conform to any one of the aggregated uti...

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Veröffentlicht in:	Economic theory 2006-02, Vol.27 (2), p.305-320
1. Verfasser:	Sagi, Jacob S.
Format:	Artikel
Sprache:	eng
Schlagworte:	Ambivalence Banach space Decision making Economic theory Expected utility Hierarchies Homeomorphism Lotteries Mathematical economics Mathematical functions Preferences Ratings & rankings Studies Topological spaces Topological theorems Topology Utility functions Utility theory Welfare losses
Online-Zugang:	Volltext
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