Ambiguity through Condence Functions

نویسندگان

  • Alain Chateauneuf
  • José Heleno Faro
چکیده

We characterize preference relations over bounded below Anscombe and Aumann’s acts and give necessary and su¢ cient conditions that guarantee the existence of a utility function u on consequences, a con…dence function ' on the set of all probabilities over states of nature and a positive threshold level of con…dence 0 such that our preference relation has a functional representation J , where given an act f J(f) = min p2L 0' 1 '(p) Z

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تاریخ انتشار 2008