'Allais paradox' diaporamas de présentation

Making Choquet Expected Utility Tractable for the Study of Ambiguity

Making Choquet Expected Utility Tractable for the Study of Ambiguity. Peter P. Wakker, December 20, 2005 Tel-Aviv University. Aim: Make Choquet-expected utility, "rank-dependent utility," tractable for a general public and specialists alike, in particular for studying ambiguity. Tool: Ranks.

491 views • 49 slides

A Heuristic Solution To The Allais Paradox

320 views • 21 slides

A Heuristic Solution To The Allais Paradox

348 views • 21 slides

Example, on Dow Jones & Nikkei indexes today:

Measuring Decision Weights for Unknown Probabilities by Means of Prospect Theory. Peter P. Wakker & Enrico Diecidue & Marcel Zeelenberg. Domain: Individual Decisions under Ambiguity (events with unknown prob s ; Keynes 1921, Knight 1921).

326 views • 19 slides

Chapter 14 Utility Axioms,Paradoxes and Implications

Chapter 14 Utility Axioms,Paradoxes and Implications. Wang YU. Axioms. These axioms are the foundations of utility theory because that people who behave according to the axioms should make choices consistent with the maximization of expected utility.

272 views • 8 slides