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Subjective Probability and Expected Utility without Additivity
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Subjective Probability and Expected Utility without Additivity
Subjective Probability and Expected Utility without Additivity
DS
David Schmeidler
David Schmeidler
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1 May 1989
journal article
Published by
JSTOR
in
Econometrica
Vol. 57
(3)
,
571
https://doi.org/10.2307/1911053
Abstract
An act maps states of nature to outcomes; deterministic outcomes as well as random outcomes are included. Two acts f and g are comonotonic, by definition, if it...
Keywords
COMONOTONIC
EXPECTED UTILITY
UTILITY WITHOUT ADDITIVITY
PROBABILITY AND EXPECTED
SUBJECTIVE PROBABILITY
DETERMINISTIC OUTCOMES
ACT MAPS
MAPS STATES
TWO ACTS
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Cited by 2038 articles