Updating Choquet beliefs
نویسندگان
چکیده
We apply Pires’s coherence property between unconditional and conditional preferences that admit a CEU representation. In conjunction with consequentialism (only those outcomes on states which are still possible can matter for conditional preference) this implies that the conditional preference may be obtained from the unconditional preference by taking the Full Bayesian Update of the capacity. © 2007 Elsevier B.V. All rights reserved. JEL Classification: D81
منابع مشابه
SAFE Working Paper No. 73
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