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On State Dependent Preferences and Subjective Probabilities
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Cited by:
- Takashi Hayashi & Michele Lombardi, 2019. "Fair social decision under uncertainty and belief disagreements," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(4), pages 775-816, June.
- Biheng, Noé & Bonnisseau, Jean-Marc, 2015.
"Regular economies with ambiguity aversion,"
Journal of Mathematical Economics, Elsevier, vol. 59(C), pages 24-36.
- Noé Biheng & Jean-Marc Bonnisseau, 2013. "Regular economies with ambiguity aversion," Post-Print halshs-00922782, HAL.
- Noé Biheng & Jean-Marc Bonnisseau, 2015. "Regular economies with ambiguity aversion," Post-Print halshs-01185486, HAL.
- Noé Biheng & Jean-Marc Bonnisseau, 2013. "Regular economies with ambiguity aversion," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00922782, HAL.
- Noé Biheng & Jean-Marc Bonnisseau, 2015. "Regular economies with ambiguity aversion," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01185486, HAL.
- Noé Biheng & Jean-Marc Bonnisseau, 2015. "Regular economies with ambiguity aversion," PSE-Ecole d'économie de Paris (Postprint) halshs-01185486, HAL.
- Noé Biheng & Jean-Marc Bonnisseau, 2013. "Regular economies with ambiguity aversion," Documents de travail du Centre d'Economie de la Sorbonne 13083, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Darrell Duffie, 2014.
"Challenges to a Policy Treatment of Speculative Trading Motivated by Differences in Beliefs,"
The Journal of Legal Studies, University of Chicago Press, vol. 43(S2), pages 173-182.
- Darrell Duffie, 2014. "Challenges to a Policy Treatment of Speculative Trading Motivated by Differences in Beliefs," Economics Working Papers 14106, Hoover Institution, Stanford University.
- Jean Baccelli, 2015. "Do Bets Reveal Beliefs?," Post-Print hal-01462293, HAL.
- Brian Hill, 2009.
"Living without state-independence of utilities,"
Theory and Decision, Springer, vol. 67(4), pages 405-432, October.
- Hill, Brian, 2007. "Living without state-independence of utilities," HEC Research Papers Series 874, HEC Paris.
- Brian Hill, 2009. "Living without state-independence of utilities," Post-Print hal-00463428, HAL.
- Brian Hill, 2007. "Living without state-independence of utilities," Working Papers hal-00584514, HAL.
- Edi Karni & Philippe Mongin, 2000.
"On the Determination of Subjective Probability by Choices,"
Management Science, INFORMS, vol. 46(2), pages 233-248, February.
- E. Karni & Ph. Mongin, 1997. "On the determination of subjective probability by choices," THEMA Working Papers 97-37, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Karni, E. & Mongin, P., 1997. "On the Determination of Subjective Probability by Choices," Papers 9737, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
- Hammond, Peter J, 2013.
"Extending the Original Position : Revisiting the Pattanaik Critique of Vickrey/Harsanyi Utilitarianism,"
The Warwick Economics Research Paper Series (TWERPS)
1008, University of Warwick, Department of Economics.
- Peter J. Hammond, 2013. "Extending the Original Position: Revisiting the Pattanaik Critique of Vickrey/Harsanyi Utilitarianism," Global COE Hi-Stat Discussion Paper Series gd12-298, Institute of Economic Research, Hitotsubashi University.
- Hammond, Peter J., 2013. "Extending the Original Position: Revisiting the Pattanaik Critique of Vickrey/Harsanyi Utilitarianism," Economic Research Papers 270541, University of Warwick - Department of Economics.
- Elias Tsakas, 2022. "Belief identification with state-dependent utilities," Papers 2203.10505, arXiv.org, revised Nov 2022.
- Ganguli, Jayant & Heifetz, Aviad & Lee, Byung Soo, 2016.
"Universal interactive preferences,"
Journal of Economic Theory, Elsevier, vol. 162(C), pages 237-260.
- Ganguli, J & Heifetz, A, 2012. "Universal interactive preferences," Economics Discussion Papers 5629, University of Essex, Department of Economics.
- Chambers, Christopher P. & Hayashi, Takashi, 2006.
"Preference aggregation under uncertainty: Savage vs. Pareto,"
Games and Economic Behavior, Elsevier, vol. 54(2), pages 430-440, February.
- Chambers, Christopher & Takashi Hayashi, 2003. "Preference Aggregation under Uncertainty: Savage vs. Pareto," Working Papers 1184, California Institute of Technology, Division of the Humanities and Social Sciences.
- Grith, Maria & Karl Härdle, Wolfgang & Krätschmer, Volker, 2013. "Reference dependent preferences and the EPK puzzle," SFB 649 Discussion Papers 2013-023, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2007.
"Probabilities in Economic Modeling,"
PIER Working Paper Archive
07-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2008. "Probabilities in Economic Modelling," Levine's Working Paper Archive 122247000000001976, David K. Levine.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2007. "Probabilities in Economic Modeling," Levine's Bibliography 843644000000000357, UCLA Department of Economics.
- Maskin, Eric & Tirole, Jean, 2001.
"Markov Perfect Equilibrium: I. Observable Actions,"
Journal of Economic Theory, Elsevier, vol. 100(2), pages 191-219, October.
- Eric Maskin & Jean Tirole, 1997. "Markov Perfect Equilibrium, I: Observable Actions," Harvard Institute of Economic Research Working Papers 1799, Harvard - Institute of Economic Research.
- Grant, Simon & Meneghel, Idione & Tourky, Rabee, 2013. "Savage Games: A Theory of Strategic Interaction with Purely Subjective Uncertainty," Risk and Sustainable Management Group Working Papers 151501, University of Queensland, School of Economics.
- Hill, Brian, 2010.
"An additively separable representation in the Savage framework,"
Journal of Economic Theory, Elsevier, vol. 145(5), pages 2044-2054, September.
- Brian, HILL, 2007. "An additively separable representation in the Savage framework," HEC Research Papers Series 882, HEC Paris.
- Brian Hill, 2007. "An additively separable representation in the Savage framework," Working Papers hal-00582661, HAL.
- Brian Hill, 2010. "An additively separable representation in the Savage framework," Post-Print hal-00521803, HAL.
- Luiz Vitiello & Ser-Huang Poon, 2022. "Option pricing with random risk aversion," Review of Quantitative Finance and Accounting, Springer, vol. 58(4), pages 1665-1684, May.
- Christian Gollier, 2020.
"Aversion to risk of regret and preference for positively skewed risks,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(4), pages 913-941, November.
- Gollier, Christian, 2016. "Aversion to risk of regret and preference for positively skewed risks," TSE Working Papers 16-646, Toulouse School of Economics (TSE), revised Sep 2016.
- Christian Gollier, 2020. "Aversion to risk of regret and preference for positively skewed risks," Post-Print hal-03142627, HAL.
- Broll, Udo & Wong, Kit Pong, 2002. "Optimal full-hedging under state-dependent preferences," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(5), pages 937-943.
- Brian Hill, 2007.
"Three Analyses of Sour Grapes,"
Working Papers
hal-00582663, HAL.
- Hill, Brian, 2007. "Three analyses of sour grapes," HEC Research Papers Series 873, HEC Paris.
- I. Gilboa & W. A. Postlewaite & D. Schmeidler, 2009.
"Probability and Uncertainty in Economic Modeling,"
Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 10.
- Itzhak Gilboa & Andrew W. Postlewaite & David Schmeidler, 2008. "Probability and Uncertainty in Economic Modeling," Journal of Economic Perspectives, American Economic Association, vol. 22(3), pages 173-188, Summer.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2008. "Probability and Uncertainty in Economic Modeling," Post-Print hal-00463394, HAL.
- Wong, Kit Pong, 2017. "Production and hedging under state-dependent preferences and background risk," International Review of Economics & Finance, Elsevier, vol. 51(C), pages 527-534.
- Hamed Hamze Bajgiran & Houman Owhadi, 2021. "Aggregation of Models, Choices, Beliefs, and Preferences," Papers 2111.11630, arXiv.org.
- Robert Nau, 2001. "De Finetti was Right: Probability Does Not Exist," Theory and Decision, Springer, vol. 51(2), pages 89-124, December.
- Izhakian, Yehuda, 2020. "A theoretical foundation of ambiguity measurement," Journal of Economic Theory, Elsevier, vol. 187(C).
- Ralph Keeney & Robert Nau, 2011. "A theorem for Bayesian group decisions," Journal of Risk and Uncertainty, Springer, vol. 43(1), pages 1-17, August.
- Galizzi, Matteo M. & Machado, Sara R. & Miniaci, Raffaele, 2016. "Temporal stability, cross-validity, and external validity of risk preferences measures: experimental evidence from a UK representative sample," LSE Research Online Documents on Economics 67554, London School of Economics and Political Science, LSE Library.
- Gilboa, Itzhak & Schmeidler, David, 2003.
"A derivation of expected utility maximization in the context of a game,"
Games and Economic Behavior, Elsevier, vol. 44(1), pages 172-182, July.
- Itzhak Gilboa & David Schmeidler, 2001. "A Derivation of Expected Utility Maximization in the Context of a Game," Cowles Foundation Discussion Papers 1342, Cowles Foundation for Research in Economics, Yale University.
- Gilboa, I. & Schmeidler, D., 2001. "A Derivation of Expected Utility Maximization in the Context of a Game," Papers 2001-18, Tel Aviv.
- De Meyer, Bernard & Mongin, Philippe, 1995.
"A note on affine aggregation,"
Economics Letters, Elsevier, vol. 47(2), pages 177-183, February.
- DE MEYER, Bernard & MONGIN , Philippe, 1994. "A Note on Affine Aggregation," LIDAM Discussion Papers CORE 1994014, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bernard de Meyer & Philippe Mongin, 1995. "A note on affine aggregation," Post-Print hal-00259707, HAL.
- Bernard de Meyer & Philippe Mongin, 1995. "A note on affine aggregation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00259707, HAL.
- De Meyer, B. & Mongin, P., 1995. "A note on affine aggregation," LIDAM Reprints CORE 1136, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Dreze, Jacques H. & Rustichini, Aldo, 1999.
"Moral hazard and conditional preferences,"
Journal of Mathematical Economics, Elsevier, vol. 31(2), pages 159-181, March.
- DREZE, Jacques H. & RUSTICHINI, Aldo, 1995. "Moral Hazard and Conditional Preferences," LIDAM Discussion Papers CORE 1995010, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Karni, Edi, 2007.
"Foundations of Bayesian theory,"
Journal of Economic Theory, Elsevier, vol. 132(1), pages 167-188, January.
- Edi Karni, 2005. "Foundations of Bayesian Theory," Economics Working Paper Archive 524, The Johns Hopkins University,Department of Economics.
- Blackorby, Charles & Donaldson, David & Weymark, John A., 1999. "Harsanyi's social aggregation theorem for state-contingent alternatives1," Journal of Mathematical Economics, Elsevier, vol. 32(3), pages 365-387, November.
- Takashi Hayashi, 2019. "What Should Society Maximise Under Uncertainty?," The Japanese Economic Review, Springer, vol. 70(4), pages 446-478, December.
- Izhakian, Yehuda, 2017. "Expected utility with uncertain probabilities theory," Journal of Mathematical Economics, Elsevier, vol. 69(C), pages 91-103.
- Mongin, Philippe, 1998.
"The paradox of the Bayesian experts and state-dependent utility theory,"
Journal of Mathematical Economics, Elsevier, vol. 29(3), pages 331-361, April.
- MONGIN, Philippe, 1996. "The Paradox of the Bayesian Experts and State-Dependent Utility Theory," LIDAM Discussion Papers CORE 1996026, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- P. Mongin., 1997. "The paradox of the Bayesian experts and state-dependent utility theory," THEMA Working Papers 97-15, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- MONGIN, Philippe, 1998. "The paradox of the Bayesian experts and state-dependent utility theory," LIDAM Reprints CORE 1312, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Robert F. Nau, 2003. "A Generalization of Pratt-Arrow Measure to Nonexpected-Utility Preferences and Inseparable Probability and Utility," Management Science, INFORMS, vol. 49(8), pages 1089-1104, August.
- Elias Tsakas, 2021. "Identification of misreported beliefs," Papers 2112.12975, arXiv.org.
- Karni, Edi & Schmeidler, David, 1993.
"On the Uniqueness of Subjective Probabilities,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(2), pages 267-277, April.
- Karni, E. & Schmeidler, D., 1991. "On the Uniqueness of Subjective Probabilities," Papers 1-92, Tel Aviv - the Sackler Institute of Economic Studies.
- Karni, Edi & Schmeidler, David, 1991. "On the Uniqueness of Subjective Probabilities," Foerder Institute for Economic Research Working Papers 275552, Tel-Aviv University > Foerder Institute for Economic Research.
- Grant, Simon & Meneghel, Idione & Tourky, Rabee, 2016. "Savage games," Theoretical Economics, Econometric Society, vol. 11(2), May.
- Nehring, Klaus, 2009. "Imprecise probabilistic beliefs as a context for decision-making under ambiguity," Journal of Economic Theory, Elsevier, vol. 144(3), pages 1054-1091, May.
- Klaus Nehring, 2006. "Decision-Making in the Context of Imprecise Probabilistic Beliefs," Economics Working Papers 0034, Institute for Advanced Study, School of Social Science.
- Hill, Brian, 2009.
"When is there state independence?,"
Journal of Economic Theory, Elsevier, vol. 144(3), pages 1119-1134, May.
- Brian, HILL, 2007. "When is there state independence?," HEC Research Papers Series 883, HEC Paris.
- Brian Hill, 2009. "When is there state independence?," Post-Print hal-00463429, HAL.
- Brian Hill, 2007. "When is there state independence?," Working Papers hal-00582662, HAL.
- repec:hal:pseose:halshs-01185486 is not listed on IDEAS
- Robert Jarrow & Siguang Li, 2021. "Concavity, stochastic utility, and risk aversion," Finance and Stochastics, Springer, vol. 25(2), pages 311-330, April.
- Wong, Kit Pong, 2013. "Fixed versus variable rate loans under state-dependent preferences," Economic Modelling, Elsevier, vol. 31(C), pages 659-663.
- Krügel, Sebastian & Uhl, Matthias, 2023. "Is only one of my selves authentic? An empirical approach," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 102(C).
- Robert Nau, 2011. "Risk, ambiguity, and state-preference theory," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(2), pages 437-467, October.
- Udo Broll & Kit Wong, 2010. "Banking firm and hedging over the business cycle," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 9(1), pages 29-33, April.
- Dale O. Stahl, 2017. "Dynamic programming and behavioral rules," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(2), pages 165-174, October.
- Härdle, Wolfgang Karl & Krätschmer, Volker & Moro, Rouslan A., 2009. "A microeconomic explanation of the EPK paradox," SFB 649 Discussion Papers 2009-010, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Brandl, Florian, 2021. "Belief-averaging and relative utilitarianism," Journal of Economic Theory, Elsevier, vol. 198(C).
- Karni, Edi & Schmeidler, David, 1990. "Utility Theory and Uncertainty," Foerder Institute for Economic Research Working Papers 275480, Tel-Aviv University > Foerder Institute for Economic Research.
- Helena Gaspars-Wieloch, 2018. "The Impact of the Structure of the Payoff Matrix on the Final Decision made Under Uncertainty," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 35(01), pages 1-27, February.
- Edi Karni & David Schmeidler, 2016.
"An expected utility theory for state-dependent preferences,"
Theory and Decision, Springer, vol. 81(4), pages 467-478, November.
- Karni, Edi & Schmeidler, David, 1980. "An Expected Utility Theory for State-Dependent Preferences," Foerder Institute for Economic Research Working Papers 275328, Tel-Aviv University > Foerder Institute for Economic Research.
- Robert F. Nau, 2006. "Uncertainty Aversion with Second-Order Utilities and Probabilities," Management Science, INFORMS, vol. 52(1), pages 136-145, January.
- Chew, Soo Hong & Wang, Wenqian, 2020. "On the robustness of indeterminacy in subjective probability," Economics Letters, Elsevier, vol. 188(C).
- Tsakas, Elias, 2016. "Reasonable doubt revisited," Research Memorandum 017, Maastricht University, Graduate School of Business and Economics (GSBE).
- Skiadas, Costis, 1997. "Subjective Probability under Additive Aggregation of Conditional Preferences," Journal of Economic Theory, Elsevier, vol. 76(2), pages 242-271, October.
- Sergey Nadtochiy & Michael Tehranchi, 2013. "Optimal investment for all time horizons and Martin boundary of space-time diffusions," Papers 1308.2254, arXiv.org, revised Jan 2014.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2007.
"Probabilities in Economic Modeling,"
PIER Working Paper Archive
07-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2007. "Probability and Uncertainty in Economic Modeling, Second Version," PIER Working Paper Archive 08-002, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 28 Jan 2008.
- Helena Gaspars-Wieloch, 2015. "On a decision rule supported by a forecasting stage based on the decision maker’s coefficient of optimism," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 23(3), pages 579-594, September.
- Haven, Emmanuel & Khrennikova, Polina, 2018. "A quantum-probabilistic paradigm: Non-consequential reasoning and state dependence in investment choice," Journal of Mathematical Economics, Elsevier, vol. 78(C), pages 186-197.
- Peter J. Hammond, 1997. "Subjectively Expected State-Independent Utility on State-Dependent Consequence Domains," Working Papers 97024, Stanford University, Department of Economics.
- Wei Wang & Huifu Xu, 2023. "Preference robust state-dependent distortion risk measure on act space and its application in optimal decision making," Computational Management Science, Springer, vol. 20(1), pages 1-51, December.
- repec:hum:wpaper:sfb649dp2013-023 is not listed on IDEAS
- Elias Tsakas, 2023. "Belief identification by proxy," Papers 2311.13394, arXiv.org.
- Sigrid Kallblad & Jan Obloj & Thaleia Zariphopoulou, 2013. "Time--consistent investment under model uncertainty: the robust forward criteria," Papers 1311.3529, arXiv.org, revised Nov 2014.
- repec:hum:wpaper:sfb649dp2009-010 is not listed on IDEAS
- Chambers, Christopher P. & Hayashi, Takashi, 2012.
"Choice and individual welfare,"
Journal of Economic Theory, Elsevier, vol. 147(5), pages 1818-1849.
- Chambers, Christopher P. & Hayashi, Takashi, 2008. "Choice and individual welfare," Working Papers 1286, California Institute of Technology, Division of the Humanities and Social Sciences.
- Piermont, Evan, 2017. "Context dependent beliefs," Journal of Mathematical Economics, Elsevier, vol. 71(C), pages 63-73.