Decision-making with partial information
In this paper, we study choice under uncertainty with belief functions. Belief functions can capture partial information by describing what is objectively known about the probabilities of events. State-contingent acts together with a belief function over states induce belief functions over outcomes....
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Dokumenttyp: | Article (Journal) |
| Sprache: | Englisch |
| Veröffentlicht: |
18 October 2021
|
| In: |
Journal of economic theory
Year: 2021, Jahrgang: 198, Pages: 1-33 |
| DOI: | 10.1016/j.jet.2021.105369 |
| Online-Zugang: | Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.jet.2021.105369 Verlag, lizenzpflichtig, Volltext: https://www.sciencedirect.com/science/article/pii/S0022053121001861 
|
| Verfasserangaben: | Jürgen Eichberger, Illia Pasichnichenko |
MARC
| LEADER | 00000caa a2200000 c 4500 | ||
|---|---|---|---|
| 001 | 1780383207 | ||
| 003 | DE-627 | ||
| 005 | 20250805102105.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 211206s2021 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1016/j.jet.2021.105369 |2 doi | |
| 035 | |a (DE-627)1780383207 | ||
| 035 | |a (DE-599)KXP1780383207 | ||
| 035 | |a (OCoLC)1341434686 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a 17 |2 sdnb | ||
| 100 | 1 | |a Eichberger, Jürgen |d 1952- |e VerfasserIn |0 (DE-588)129508292 |0 (DE-627)470648538 |0 (DE-576)160838681 |4 aut | |
| 245 | 1 | 0 | |a Decision-making with partial information |c Jürgen Eichberger, Illia Pasichnichenko |
| 264 | 1 | |c 18 October 2021 | |
| 300 | |a 33 | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 500 | |a Gesehen am 06.12.2021 | ||
| 520 | |a In this paper, we study choice under uncertainty with belief functions. Belief functions can capture partial information by describing what is objectively known about the probabilities of events. State-contingent acts together with a belief function over states induce belief functions over outcomes. We assume that decision makers have preferences over belief functions that reflect both their valuation of outcomes and the information available about the likelihood of outcomes. We provide axioms characterizing a preference representation for belief functions that captures what is (objectively) known about the likelihood of outcomes and combines it with subjective beliefs according to the “principle of insufficient reason” whenever the likelihood of events is unknown. This treatment of partial information yields a natural distinction between ambiguity and ambiguity attitudes. The approach is novel in its treatment of partial information and in its axiomatization of the uniform distribution in case of ignorance. | ||
| 650 | 4 | |a Ambiguity | |
| 650 | 4 | |a Ambiguity attitude | |
| 650 | 4 | |a Belief functions | |
| 650 | 4 | |a Information about events | |
| 650 | 4 | |a Principle of insufficient reason | |
| 700 | 1 | |a Pasichnichenko, Illia |e VerfasserIn |0 (DE-588)1209095297 |0 (DE-627)1696269369 |4 aut | |
| 773 | 0 | 8 | |i Enthalten in |t Journal of economic theory |d Amsterdam [u.a.] : Elsevier, 1969 |g 198(2021), Artikel-ID 105369, Seite 1-33 |h Online-Ressource |w (DE-627)266892604 |w (DE-600)1469177-2 |w (DE-576)103815708 |7 nnas |a Decision-making with partial information |
| 773 | 1 | 8 | |g volume:198 |g year:2021 |g elocationid:105369 |g pages:1-33 |g extent:33 |a Decision-making with partial information |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Eichberger, Jürgen, 1952 - |t Decision-making with partial information |d 2021 |w (DE-627)179008038X |
| 856 | 4 | 0 | |u https://doi.org/10.1016/j.jet.2021.105369 |x Verlag |x Resolving-System |z lizenzpflichtig |3 Volltext |
| 856 | 4 | 0 | |u https://www.sciencedirect.com/science/article/pii/S0022053121001861 |x Verlag |z lizenzpflichtig |3 Volltext |
| 951 | |a AR | ||
| 992 | |a 20211206 | ||
| 993 | |a Article | ||
| 994 | |a 2021 | ||
| 998 | |g 129508292 |a Eichberger, Jürgen |m 129508292:Eichberger, Jürgen |d 180000 |d 181000 |e 180000PE129508292 |e 181000PE129508292 |k 0/180000/ |k 1/180000/181000/ |p 1 |x j | ||
| 999 | |a KXP-PPN1780383207 |e 4014542777 | ||
| BIB | |a Y | ||
| SER | |a journal | ||
| JSO | |a {"name":{"displayForm":["Jürgen Eichberger, Illia Pasichnichenko"]},"id":{"eki":["1780383207"],"doi":["10.1016/j.jet.2021.105369"]},"origin":[{"dateIssuedKey":"2021","dateIssuedDisp":"18 October 2021"}],"physDesc":[{"extent":"33 S."}],"relHost":[{"language":["eng"],"disp":"Decision-making with partial informationJournal of economic theory","physDesc":[{"extent":"Online-Ressource"}],"origin":[{"publisher":"Elsevier ; Academic Press","dateIssuedDisp":"1969-","dateIssuedKey":"1969","publisherPlace":"Amsterdam [u.a.] ; Brugge [u.a.]"}],"title":[{"subtitle":"JET","title":"Journal of economic theory","title_sort":"Journal of economic theory"}],"type":{"media":"Online-Ressource","bibl":"periodical"},"pubHistory":["1.1969 -"],"recId":"266892604","part":{"text":"198(2021), Artikel-ID 105369, Seite 1-33","extent":"33","year":"2021","pages":"1-33","volume":"198"},"note":["Gesehen am 21.11.2016"],"id":{"zdb":["1469177-2"],"eki":["266892604"]},"titleAlt":[{"title":"JET"}]}],"person":[{"family":"Eichberger","display":"Eichberger, Jürgen","given":"Jürgen","roleDisplay":"VerfasserIn","role":"aut"},{"display":"Pasichnichenko, Illia","roleDisplay":"VerfasserIn","role":"aut","given":"Illia","family":"Pasichnichenko"}],"language":["eng"],"title":[{"title":"Decision-making with partial information","title_sort":"Decision-making with partial information"}],"type":{"bibl":"article-journal","media":"Online-Ressource"},"note":["Gesehen am 06.12.2021"],"recId":"1780383207"} | ||
| SRT | |a EICHBERGERDECISIONMA1820 | ||