Choquet Rationality

Consider a decision problem under uncertainty for a decision maker with known (utility) payoffs over prizes. We say that an act is Choquet ( Shafer, Bernoulli) rational if for some capacity (belief function, probability) over the set of states, it maximizes her “expected” utility. We show that an ac...

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Veröffentlicht in:	Journal of economic theory 2000-02, Vol.90 (2), p.277-285
Hauptverfasser:	Ghirardato, Paolo, Le Breton, Michel
Format:	Artikel
Sprache:	eng
Schlagworte:	Decision making Decision theory Economic models Economic theory Expected utility Pay-off Rational expectations Rationality Studies Uncertainty Utility functions
Online-Zugang:	Volltext
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