Increasing uncertainty: a definition
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چکیده
منابع مشابه
Increasing uncertainty: a definition
We present a definition of increasing uncertainty, in which an elementary increase in the uncertainty of any act corresponds to the addition of an delementary betT that increases consumption by a fixed amount in (relatively) dgoodT states and decreases consumption by a fixed (and possibly different) amount in (relatively) dbadT states. This definition naturally gives rise to a dual definition o...
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ژورنال
عنوان ژورنال: Mathematical Social Sciences
سال: 2005
ISSN: 0165-4896
DOI: 10.1016/j.mathsocsci.2004.08.005