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Bayes without Bernoulli: Simple Conditions for Probabilistically Sophisticated Choice
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Cited by:
- Yoram Halevy & Emre Ozdenoren, 2022.
"Uncertainty and compound lotteries: calibration,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(2), pages 373-395, September.
- Halevy, Yoram & Ozdenoren, Emre, 2008. "Uncertainty and Compound Lotteries: Calibration," Microeconomics.ca working papers yoram_halevy-2008-7, Vancouver School of Economics, revised 17 Jun 2008.
- Yoram Halevy & Emre Ozdenoren, 2021. "Uncertainty and Compound Lotteries: Calibration," Working Papers tecipa-713, University of Toronto, Department of Economics.
- Aurélien Baillon & Yoram Halevy & Chen Li, 2022.
"Experimental elicitation of ambiguity attitude using the random incentive system,"
Experimental Economics, Springer;Economic Science Association, vol. 25(3), pages 1002-1023, June.
- Baillon, Aurélien & Halevy, Yoram & Li, Chen, 2014. "Experimental Elicitation of Ambiguity Attitude using the Random Incentive System," Microeconomics.ca working papers yoram_halevy-2014-26, Vancouver School of Economics, revised 21 Jul 2015.
- Aurélien Baillon & Yoram Halevy & Chen Li, 2022. "Experimental elicitation of ambiguity attitude using the random incentive system," Post-Print halshs-03908449, HAL.
- Aurelien Baillon & Yoram Halevy & Chen Li, 2021. "Experimental elicitation of ambiguity attitude using the random incentive system," Working Papers tecipa-711, University of Toronto, Department of Economics.
- Özgür Evren, 2017.
"Cautious and Globally Ambiguity Averse,"
Working Papers
w0236, Center for Economic and Financial Research (CEFIR).
- Özgür Evren, 2017. "Cautious and Globally Ambiguity Averse," Working Papers w0236, New Economic School (NES).
- Sarin, Rakesh & Wakker, Peter P., 2000. "Cumulative dominance and probabilistic sophistication," Mathematical Social Sciences, Elsevier, vol. 40(2), pages 191-196, September.
- ALLARD, Marie & BRONSARD, Camille & GOURIÉROUX Christian, 2003.
"Aversion Analysis,"
Cahiers de recherche
2003-06, Universite de Montreal, Departement de sciences economiques.
- ALLARD, Marie & BRONSARD, Camille & GOURIÉROUX, Christian, 2003. "Aversion Analysis," Cahiers de recherche 04-2003, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Qu, Xiangyu, 2017.
"Subjective mean–variance preferences without expected utility,"
Mathematical Social Sciences, Elsevier, vol. 87(C), pages 31-39.
- Xiangyu Qu, 2017. "Subjective Mean Variance Preferences Without Expected Utility," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01461302, HAL.
- Xiangyu Qu, 2017. "Subjective Mean Variance Preferences Without Expected Utility," Post-Print hal-01461302, HAL.
- Cerreia-Vioglio, Simone & Maccheroni, Fabio & Marinacci, Massimo & Montrucchio, Luigi, 2012.
"Probabilistic sophistication, second order stochastic dominance and uncertainty aversion,"
Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 271-283.
- Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Luigi Montrucchio, 2010. "Probabilistic Sophistication, Second Order Stochastic Dominance, and Uncertainty Aversion," Carlo Alberto Notebooks 174, Collegio Carlo Alberto.
- Mark Machina, 2004.
"Almost-objective uncertainty,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 24(1), pages 1-54, July.
- Machina, Mark J, 2001. "Almost-Objective Uncertainty," University of California at San Diego, Economics Working Paper Series qt3ps1k85f, Department of Economics, UC San Diego.
- Peter Klibanoff & Emre Ozdenoren, 2007. "Subjective recursive expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 30(1), pages 49-87, January.
- Grant, Simon & Özsoy, Hatice & Polak, Ben, 2008.
"Probabilistic sophistication and stochastic monotonicity in the Savage framework,"
Mathematical Social Sciences, Elsevier, vol. 55(3), pages 371-380, May.
- Simon Grant & Hatice Ozsoy & Ben Polak, 2007. "Probabilistic Sophistication and Stochastic Monotonicity in the Savage Framework," Levine's Bibliography 122247000000001390, UCLA Department of Economics.
- Simon Grant & Hatice Ozsoy & Ben Polak, 2007. "Probabilistic Sophistication and Stochastic Monotonicity in the Savage Framework," Cowles Foundation Discussion Papers 1621, Cowles Foundation for Research in Economics, Yale University.
- Dean, Mark & Ortoleva, Pietro, 2017.
"Allais, Ellsberg, and preferences for hedging,"
Theoretical Economics, Econometric Society, vol. 12(1), January.
- Mark Dean & Pietro Ortoleva, 2012. "Allais, Ellsberg, and Preferences for Hedging," Working Papers 2012-2, Brown University, Department of Economics.
- Harrison, Glenn W. & Martínez-Correa, Jimmy & Swarthout, J. Todd, 2013.
"Inducing risk neutral preferences with binary lotteries: A reconsideration,"
Journal of Economic Behavior & Organization, Elsevier, vol. 94(C), pages 145-159.
- Glenn W. Harrison & Jimmy MartÃnez-Correa & J. Todd Swarthout, 2012. "Inducing Risk Neutral Preferences with Binary Lotteries: A Reconsideration," Experimental Economics Center Working Paper Series 2012-02, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
- Edi Karni & Marie-Louise Vierø, 2015.
"Probabilistic sophistication and reverse Bayesianism,"
Journal of Risk and Uncertainty, Springer, vol. 50(3), pages 189-208, June.
- Edi Karni & Marie-Louise Viero, 2013. "Probabilistic Sophistication And Reverse Bayesianism," Working Paper 1303, Economics Department, Queen's University.
- Karni, Edi & Vierø, Marie-Louise, 2023.
"Comparative incompleteness: Measurement, behavioral manifestations and elicitation,"
Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 423-442.
- Edi Karni & Marie-Louise Vierø, 2020. "Comparative Incompleteness: Measurement, Behavioral Manifestations and Elicitation," Working Paper 1443, Economics Department, Queen's University.
- Edi Karni & Marie-Louise Vierø, 2022. "Comparative Incompleteness: Measurement, Behavioral Manifestations and Elicitation," Economics Working Papers 2022-05, Department of Economics and Business Economics, Aarhus University.
- Aurélien Baillon & Yoram Halevy & Chen Li, 2022.
"Randomize at Your Own Risk: On the Observability of Ambiguity Aversion,"
Econometrica, Econometric Society, vol. 90(3), pages 1085-1107, May.
- Aurelien Baillon & Yoram Halevy & Chen Li, 2021. "Randomize at your own risk: on the observability of ambiguity aversion," Working Papers tecipa-712, University of Toronto, Department of Economics.
- Aurélien Baillon & Yoram Halevy & Chen Li, 2022. "Randomize at Your Own Risk: On the Observability of Ambiguity Aversion," Post-Print halshs-03908431, HAL.
- Dominiak, Adam & Tserenjigmid, Gerelt, 2018. "Belief consistency and invariant risk preferences," Journal of Mathematical Economics, Elsevier, vol. 79(C), pages 157-162.
- Edi Karni, 2011. "A theory of Bayesian decision making with action-dependent subjective probabilities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(1), pages 125-146, September.
- Karni, Edi & Vierø, Marie-Louise, 2017.
"Awareness of unawareness: A theory of decision making in the face of ignorance,"
Journal of Economic Theory, Elsevier, vol. 168(C), pages 301-328.
- Edi Karni & Marie-Louise Viero, 2014. "Awareness Of Unawareness: A Theory Of Decision Making In The Face Of Ignorance," Working Paper 1322, Economics Department, Queen's University.
- Christoph K. Becker & Tigran Melkonyan & Eugenio Proto & Andis Sofianos & Stefan T. Trautmann, 2020.
"Reverse Bayesianism: Revising Beliefs in Light of Unforeseen Events,"
CESifo Working Paper Series
8662, CESifo.
- Proto, Eugenio & Becker, Christoph & Melkonyan, Tigran & Sofianos, Andis & Trautmann, Stefan, 2020. "Reverse Bayesianism: Revising Beliefs in Light of Unforeseen Events," CEPR Discussion Papers 15477, C.E.P.R. Discussion Papers.
- Becker, Christoph K. & Melkonyan, Tigran & Proto, Eugenio & Sofianos, Andis & Trautmann, Stefan T., 2020. "Reverse Bayesianism: Revising Beliefs in Light of Unforeseen Events," IZA Discussion Papers 13821, Institute of Labor Economics (IZA).
- Xiangyu Qu, 2015.
"A belief-based definition of ambiguity aversion,"
Theory and Decision, Springer, vol. 79(1), pages 15-30, July.
- Xiangyu Qu, 2015. "A belief-based definition of ambiguity aversion," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01437539, HAL.
- Xiangyu Qu, 2015. "A belief-based definition of ambiguity aversion," Post-Print hal-01437539, HAL.
- Junyi Chai & Zhiquan Weng & Wenbin Liu, 2021. "Behavioral Decision Making in Normative and Descriptive Views: A Critical Review of Literature," JRFM, MDPI, vol. 14(10), pages 1-14, October.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004.
"Rationality of Belief Or: Why Savage's axioms are neither necessary nor sufficient for rationality, Second Version,"
PIER Working Paper Archive
07-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 03 Jan 2007.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004. "Rationality of Belief Or Why Bayesianism is neither necessary nor sufficient for rationality," PIER Working Paper Archive 04-011, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004. "Rationality of Belief. Or: Why Bayesianism is Neither Necessary nor Sufficient for Rationality," Cowles Foundation Discussion Papers 1484, Cowles Foundation for Research in Economics, Yale University.
- Karni, Edi, 2020. "On the indeterminacy of the representation of beliefs by probabilities," Economics Letters, Elsevier, vol. 196(C).
- Grant, Simon & Rich, Patricia & Stecher, Jack, 2022. "Bayes and Hurwicz without Bernoulli," Journal of Economic Theory, Elsevier, vol. 199(C).
- Li, Jian, 2020. "Preferences for partial information and ambiguity," Theoretical Economics, Econometric Society, vol. 15(3), July.
- Alvaro Sandroni & Eran Shmaya, 2013. "Eliciting beliefs by paying in chance," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 1(1), pages 33-37, May.
- Tsoukias, Alexis, 2008. "From decision theory to decision aiding methodology," European Journal of Operational Research, Elsevier, vol. 187(1), pages 138-161, May.
- Coutts, Alexander, 2019.
"Testing models of belief bias: An experiment,"
Games and Economic Behavior, Elsevier, vol. 113(C), pages 549-565.
- Coutts, Alexander, 2015. "Testing Models of Belief Bias: An Experiment," MPRA Paper 67507, University Library of Munich, Germany.
- Edi Karni, 2011. "Subjective Probabilities on a State Space," American Economic Journal: Microeconomics, American Economic Association, vol. 3(4), pages 172-185, November.
- Rakesh Sarin & Peter Wakker, 1997.
"A Single-Stage Approach to Anscombe and Aumann's Expected Utility,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 64(3), pages 399-409.
- Sarin, R. & Wakker, P.P., 1996. "A Single-Stage Approach to Anscombe and Aumann's Expected Utility," Discussion Paper 1996-45, Tilburg University, Center for Economic Research.
- Sarin, R. & Wakker, P.P., 1996. "A Single-Stage Approach to Anscombe and Aumann's Expected Utility," Other publications TiSEM aae9febd-70bd-4a52-9c6b-4, Tilburg University, School of Economics and Management.
- Constantinos Antoniou & Glenn Harrison & Morten Lau & Daniel Read, 2015. "Subjective Bayesian beliefs," Journal of Risk and Uncertainty, Springer, vol. 50(1), pages 35-54, February.
- Dominiak, Adam & Tserenjigmid, Gerelt, 2022. "Ambiguity under growing awareness," Journal of Economic Theory, Elsevier, vol. 199(C).
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004.
"Rationality of Belief Or: Why Savage's axioms are neither necessary nor sufficient for rationality, Second Version,"
PIER Working Paper Archive
07-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 03 Jan 2007.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004. "Rationality of Belief," Levine's Bibliography 122247000000000690, UCLA Department of Economics.
- Andrea Capotorti & Giulianella Coletti & Barbara Vantaggi, 2008. "Preferences Representable by a Lower Expectation: Some Characterizations," Theory and Decision, Springer, vol. 64(2), pages 119-146, March.
- Ilke Aydogan & Loic Berger & Valentina Bosetti & Ning Liu, 2018.
"Three layers of uncertainty: an experiment,"
Working Papers
623, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Ilke Aydogan & Lo?c Berger & Valentina Bosetti & Ning Liu, 2018. "Three Layers of Uncertainty: an Experiment," Working Papers 2018.24, Fondazione Eni Enrico Mattei.
- Aydogan, Ilke & Berger, Loϊc & Bosetti, Valentina & Liu, Ning, 2018. "Three Layers of Uncertainty: an Experiment," ETA: Economic Theory and Applications 274852, Fondazione Eni Enrico Mattei (FEEM).
- Siniscalchi, Marciano, 2006.
"A behavioral characterization of plausible priors,"
Journal of Economic Theory, Elsevier, vol. 128(1), pages 91-135, May.
- Marciano Siniscalchi, 2003. "A Behavioral Characterization of Plausible Priors," Levine's Bibliography 234936000000000064, UCLA Department of Economics.
- Marciano Siniscalchi, 2003. "A Behavioral Characterization of Plausible Priors," Discussion Papers 1365, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Edi Karni, 2005. "A New Approach to Modeling Decision-Making under Uncertainty and Defining Subjective Probabilities," Economics Working Paper Archive 519, The Johns Hopkins University,Department of Economics.
- Karni, Edi, 2020. "Probabilistic sophistication without completeness," Journal of Mathematical Economics, Elsevier, vol. 89(C), pages 8-13.
- Harrison, Glenn W. & Martínez-Correa, Jimmy & Swarthout, J. Todd, 2014.
"Eliciting subjective probabilities with binary lotteries,"
Journal of Economic Behavior & Organization, Elsevier, vol. 101(C), pages 128-140.
- Glenn W. Harrison & Jimmy MartÃnez-Correa & J. Todd Swarthout, 2012. "Eliciting Subjective Probabilities with Binary Lotteries," Experimental Economics Center Working Paper Series 2012-16, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University, revised Jun 2014.
- repec:ebl:ecbull:v:4:y:2006:i:37:p:1-7 is not listed on IDEAS
- Edi Karni, 2007. "A new approach to modeling decision-making under uncertainty," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 33(2), pages 225-242, November.
- Skiadas, Costis, 1997. "Subjective Probability under Additive Aggregation of Conditional Preferences," Journal of Economic Theory, Elsevier, vol. 76(2), pages 242-271, October.
- Florian H. Schneider & Martin Schonger, 2019. "An Experimental Test of the Anscombe–Aumann Monotonicity Axiom," Management Science, INFORMS, vol. 65(4), pages 1667-1677, April.
- Stanca, Lorenzo, 2020. "A simplified approach to subjective expected utility," Journal of Mathematical Economics, Elsevier, vol. 87(C), pages 151-160.
- Evren, Özgür, 2019. "Recursive non-expected utility: Connecting ambiguity attitudes to risk preferences and the level of ambiguity," Games and Economic Behavior, Elsevier, vol. 114(C), pages 285-307.
- Ghossoub, Mario, 2011. "Towards a Purely Behavioral Definition of Loss Aversion," MPRA Paper 37628, University Library of Munich, Germany, revised 23 Mar 2012.
- Edi Karni, 2009.
"A Theory of Bayesian Decision Making,"
EIEF Working Papers Series
0904, Einaudi Institute for Economics and Finance (EIEF), revised May 2009.
- Edi Karni, 2009. "A Theory of Bayesian Decision Making," Economics Working Paper Archive 550, The Johns Hopkins University,Department of Economics.
- Marciano Siniscalchi, "undated". "Vector-Adjusted Expected Utility," Working Papers 191, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Adam Dominiak & Jean-Philippe Lefort, 2021. "Ambiguity and Probabilistic Information," Management Science, INFORMS, vol. 67(7), pages 4310-4326, July.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004.
"Rationality of Belief Or: Why Savage's axioms are neither necessary nor sufficient for rationality, Second Version,"
PIER Working Paper Archive
07-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 03 Jan 2007.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004. "Rationality of Belief Or: Why Savage's axioms are neither necessary nor sufficient for rationality, Second Version," PIER Working Paper Archive 08-043, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 03 Dec 2008.
- Grant, Simon & Karni, Edi, 2004. "A theory of quantifiable beliefs," Journal of Mathematical Economics, Elsevier, vol. 40(5), pages 515-546, August.