Bayesian decision theory with action-dependent probabilities and risk attitudes

B-Tier
Journal: Economic Theory
Year: 2013
Volume: 53
Issue: 2
Pages: 335-356

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper extends the work of Karni (Econ Theory 48:125–146, 2011 ) to allow for the possibility that decision makers’ effect-dependent risk attitudes are also affected by their actions. This extension is essential for modeling decision situations in which actions have a monetary dimension that creates interaction between actions and wealth. Copyright Springer-Verlag 2013

Technical Details

RePEc Handle
repec:spr:joecth:v:53:y:2013:i:2:p:335-356
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25