Choice under uncertainty with the best and worst in mind: neo-additive capacities

The concept of a non-extreme-outcome-additive capacity (neo-additive capacity ) is introduced. Neo-additive capacities model optimistic and pessimistic attitudes towards uncertainty as observed in many experimental studies. Moreover, neo-additive capacities can be applied easily in economic problems...

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Bibliographic Details
Main Authors: Chateauneuf, Alain (Author) , Grant, Simon (Author) , Eichberger, Jürgen (Author)
Format: Book/Monograph Working Paper
Language:German
Published: Heidelberg University of Heidelberg, Department of Economics January 7, 2003
Edition:This Version: January 7, 2003
Series:Discussion paper series / University of Heidelberg, Department of Economics no. 393
In: Discussion paper series (no. 393)

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Online Access:Resolving-System, Volltext: http://hdl.handle.net/10419/127210
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Author Notes:Alain Chateauneuf, Simon Grant and Jürgen Eichberger
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Choice under uncertainty with the best and worst in mind: neo-additive capacities by Chateauneuf, Alain (Author) , Eichberger, Jürgen (Author) , Grant, Simon (Author) ,


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Choice under uncertainty with the best and worst in mind: neo-additive capacities by Chateauneuf, Alain (Author) , Eichberger, Jürgen (Author) , Grant, Simon (Author) ,


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Book/Monograph Working Paper