Subjective expected utility with non-increasing risk aversion
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| Publication date | 1989 |
| Journal | Annals of Operations Research |
| Volume | Issue number | 22 |
| Pages (from-to) | 219-228 |
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| Abstract | It is shown that assumptions about risk aversion, usually studied under the presupposition of expected utility maximization, have a surprising extra merit at an earlier stage of the measurement work: together with the sure-thing principle, these assumptions imply subjective expected utility maximization, for monotonic continuous weak orders. |
| Document type | Article |
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