- Tytuł:
- Ascending Probabilistic Max-min Extended Choice Correspondence
- Autorzy:
- Lahiri, Somdeb
- Powiązania:
- https://bibliotekanauki.pl/articles/11542158.pdf
- Data publikacji:
- 2023-08-30
- Wydawca:
- Główny Urząd Statystyczny
- Tematy:
-
decision-making under risk
state-dependent preferences
extended choice correspondences
ascending probabilistic max-min - Opis:
- In this paper, we provide an axiomatic characterization of the ascending probabilistic max-min extended choice correspondence for a decision-maker who has state-dependent preferences (represented by a linear order) over a set of alternatives and a (subjective) probability vector over states of nature, where both the preferences and probability vectors are variable. Further on the domain of all extended preference profiles for which the Ascending Probabilistic Max-Min Extended Choice Correspondence is resolute, the same choice correspondence is completely characterized by just two of the three axioms that are required for the axiomatic characterization on the more general domain. A significant feature of our solution concept and the related axiomatic analysis is that we use no more information than the probability with which each alternative realizes each rank.
- Źródło:
-
Przegląd Statystyczny; 2023, 70, 1; 1-12
0033-2372 - Pojawia się w:
- Przegląd Statystyczny
- Dostawca treści:
- Biblioteka Nauki
Artykuł