A dynamic Ellsberg urn experiment
Two rationality arguments are used to justify the link between conditional and unconditional preferences in decision theory: dynamic consistency and consequentialism. Dynamic consistency requires that ex ante contingent choices are respected by updated preferences. Consequentialism states that only...
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| Main Authors: | , , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | German English |
| Published: |
Heidelberg
Universitätsbibliothek der Universität Heidelberg
September 2009
Heidelberg University of Heidelberg, Department of Economics September 2009 |
| Series: | Discussion paper series / Universität Heidelberg, Department of Economics
no. 487 |
| In: |
Discussion paper series (no. 487)
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| Subjects: | |
| Online Access: | Resolving-System, kostenfrei, Volltext: http://nbn-resolving.de/urn:nbn:de:bsz:16-opus-98286 Verlag, Volltext: http://www.awi.uni-heidelberg.de/with2/Discussion%20papers/papers/dp487.pdf Resolving-System, Volltext: http://hdl.handle.net/10419/127306 |
| Author Notes: | Adam Dominiak, Peter Dürsch, and Jean-Philippe Lefort |
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