Monetary services aggregation under uncertainty: A behavioral economics extension using Choquet expectation

A central tenet of behavioral economics is that the axioms producing expected utility maximization by consumers are too strong to be descriptive rational behavior. The existing theory monetary services aggregation under risk assume maximization. We extend those results uncertainty weaker axiomatic assumptions using Choquet expectations. integration reduces Riemann as a special case stronger assumption additive probability measure, not accepted in literature on economics. Our theoretical generalizations prior results, nested cases our assumptions.