A revealed-preference implication of weighted utility decisions under uncertainty
نویسندگان
چکیده
منابع مشابه
A Revealed-Preference Implication of Weighted Utility Decisions under Uncertainty
Revealed preference of the weighted utility theory of Chew (1983) is investigated in the same set-up as Green and Osband (1991) for expected utility theory; the structure of the partition of the state simplex according to the chosen act is examined. It is shown that the boundary between two partition elements generated by a weighted utility is the solution set to a quadratic equation. Moreover,...
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ژورنال
عنوان ژورنال: Economic Theory
سال: 1998
ISSN: 0938-2259,1432-0479
DOI: 10.1007/s001990050194