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A simple axiomatization and constructive representation proof for choquet expected utility

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  • Alain Chateauneuf
  • Jürgen Eichberger
  • Simon Grant
Abstract
We provide a simple and intuitive set of axioms that allow for a direct and constructive proof of the Choquet Expected Utility representation for decision making under uncertainty.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Alain Chateauneuf & Jürgen Eichberger & Simon Grant, 2003. "A simple axiomatization and constructive representation proof for choquet expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 22(4), pages 907-915, November.
    • Handle: RePEc:spr:joecth:v:22:y:2003:i:4:p:907-915
    DOI: 10.1007/s00199-002-0345-0
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    References listed on IDEAS

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    1. Schmeidler, David, 1989. "Subjective Probability and Expected Utility without Additivity," Econometrica, Econometric Society, vol. 57(3), pages 571-587, May.
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    Cited by:

    1. Frederik S. Herzberg, 2013. "The (im)possibility of collective risk measurement: Arrovian aggregation of variational preferences," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 1(1), pages 69-92, May.
    2. Federica Ceron & Vassili Vergopoulos, 2021. "On stochastic independence under ambiguity," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(3), pages 925-960, April.

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