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Title: De Finetti Meets Ellsberg
Authors: Epstein, Larry G.
Seo, Kyoungwon
Issue Date: 2013-09
Publisher: Centre interuniversitaire de recherche en analyse des organisations (CIRANO)
Series/Report no.: Série scientifique (CIRANO);2013s-35
Scientific series (CIRANO);2013s-35
Abstract: The paper outlines an exchangeable non-Bayesian model of preference generalizing the Savage/de Finetti classic model of subjective expected utility preference with an exchangeable prior. The treatment is informal, and the emphasis is on motivation and potential applications rather than on axiomatic foundations and technical details. The objective is to provide a widely accessible introduction to research that is reported in detail elsewhere.
URI: http://www.cirano.qc.ca/pdf/publication/2013s-35.pdf
https://depot.erudit.org/id/003897dd
ISSN: 1198-8177
Appears in Collections:Cahiers scientifiques

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