STATES OF NATURE AND THE NATURE OF STATES

Edi Karni

10 citations0/0 files storedEconomics and Philosophy

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Decision-Making and Behavioral Economics Game Theory and Applications Bayesian Modeling and Causal Inference

Abstract

Abstract: This paper discusses the definition of the state space and corresponding choice sets that figure in the theory of decision making under uncertainty. It elucidates an approach that overcomes some conceptual difficulties with the standard models and accommodates a procedure for expanding the state space in the wake of growing awareness.

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1972Essays in the Theory of Risk-Bearing.1971Utility Theory for Decision Making 1937La prévision : ses lois logiques, ses sources subjectives 1970UTILITY THEORY FOR DECISION MAKING 1972On What There is 1979A Representation Theorem for "Preference for Flexibility"1988THE NEW PALGRAVE: A DICTIONARY OF ECONOMICS 1995Case-Based Decision Theory

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