Comparing three ways to update Choquet beliefs

We analyze three rules for updating neo-additive capacities. Only for Generalized Bayesian Updating is relative optimism the same for both updated and unconditional capacities. For updates of the other two, either the updated capacity is fully optimistic or fully pessimistic.

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Bibliographic Details
Main Authors: Eichberger, Jürgen (Author) , Grant, Simon (Author) , Kelsey, David (Author)
Format: Article (Journal)
Language:English
Published: 11 January 2010
In: Economics letters
Year: 2010, Volume: 107, Issue: 2, Pages: 91-94
ISSN:0165-1765
DOI:10.1016/j.econlet.2009.12.035
Online Access:Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.econlet.2009.12.035
Verlag, lizenzpflichtig, Volltext: https://www.sciencedirect.com/science/article/pii/S016517650900439X
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Author Notes:Jürgen Eichberger, Simon Grant, David Kelsey
Description
Summary:We analyze three rules for updating neo-additive capacities. Only for Generalized Bayesian Updating is relative optimism the same for both updated and unconditional capacities. For updates of the other two, either the updated capacity is fully optimistic or fully pessimistic.
Item Description:Gesehen am 02.03.2023
Physical Description:Online Resource
ISSN:0165-1765
DOI:10.1016/j.econlet.2009.12.035