On Expected Utility Under Ambiguity

Result code in IS VaVaI

RIV/67985556:_____/19:00508332 - isvavai.cz

Result on the web

http://dx.doi.org/10.1007/978-3-030-29765-7_12

DOI - Digital Object Identifier

10.1007/978-3-030-29765-7_12

Result language

angličtina

Original language name

On Expected Utility Under Ambiguity

Original language description

The paper introduces a new approach to constructing models exhibiting the ambiguity aversion. The level of ambiguity aversion is described by a subjective parameter from the unit interval with the semantics: the higher the aversion, the higher the coefficient. On three examples, we illustrate the approach is consistent with the experimental results observed by Ellsberg and other authors.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

10101 - Pure mathematics

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Symbolic and Quantitative Approaches to Reasoning with Uncertainty : 15th European Conference, ECSQARU 2019, Belgrade, Serbia, September 18-20, 2019

ISBN

978-3-030-29764-0

ISSN

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e-ISSN

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Number of pages

11

Pages from-to

137-147

Publisher name

Springer Intenational Publishing

Place of publication

Cham

Event location

Belgrade

Event date

Sep 18, 2019

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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