Tagged: criteria

Gravel, N., Marchant, T., & Sen, A. (2018). Conditional expected utility criteria for decision making under ignorance or objective ambiguity. Journal of Mathematical Economics , 78, 79-95.

Abstract We provide an axiomatic characterization of a family of criteria for ranking completely and/or ambiguous decisions. A completely uncertain decision is described by the set of all its consequences (assumed to be finite)....