Completing the State Space with Subjective States
Completing the State Space with Subjective States
复制标题
用主观状态完善状态空间
DOI：
10.1006/jeth.2001.2824
复制
发表时间：
2002
期刊：
影响因子：
--
通讯作者：
Emre Ozdenoren
中科院分区：
文献类型：
--
作者：
Emre Ozdenoren
摘要我们将机会行为定义为从一个外生给定的客观状态空间到一组彩票的映射，并考虑了对机会行为的偏好。我们允许偏好可能是不确定性厌恶的。我们的主要定理提供了最大最小期望效用模型的公理化。在定理中，我们构造主观状态来完善客观状态空间。在E. Dekel等人（Econometrica，出版中），我们得到了一个唯一的主观状态空间。我们还允许在某些主观状态下偏好灵活性，在另一些主观状态下偏好承诺。经济文献分类号：D81。
Abstract We define an opportunity act as a mapping from an exogenously given objective state space to a set of lotteries over prizes, and consider preferences over opportunity acts. We allow the preferences to be possibly uncertainty averse. Our main theorem provides an axiomatization of the maxmin expected utility model. In the theorem we construct subjective states to complete the objective state space. As in E. Dekel et al. ( Econometrica , in press), we obtain a unique subjective state space. We also allow for preference for flexibility in some of the subjective states and commitment in others. Journal of Economic Literature Classification Number: D81.