|
|||||
|
|
Preferences Representable by a Lower Expectation: Some Characterizations |
|
| Authors: | Andrea Capotorti Giulianella Coletti Barbara Vantaggi |
| Affiliation: | (1) Dip. Matematica e Informatica, Università di Perugia, via Vanvitelli, 06123 Perugia, Italy;(2) Dip. Metodi e Modelli Matematici, Università “La Sapienza” Rome, via Scarpa 16, 00161 Rome, Italy |
| Abstract: | We propose two different characterizations for preference relations representable by lower (upper) expectations with the aim of removing either fair price or completeness requirements. Moreover, we give an explicit characterization for comparative degrees of belief on a finite algebra of events representable by lower probabilities. |
| Keywords: | lower expectation preference representation comparative lower probability fair price uncertainty aversion local continuity |
| 本文献已被 SpringerLink 等数据库收录！ | |