Article ID Journal Published Year Pages File Type
972930 Mathematical Social Sciences 2012 5 Pages PDF
Abstract
► We axiomatically characterize an updating rule for Choquet Expected Utility preferences. ► Our key axiom is f-convex dynamic consistency. ► The rule is dynamically consistent but only works for f-convex conditioning events. ► It is non-consequentialist, since forgone consequences are relevant for conditioning.
Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
Preview
Dynamically consistent CEU preferences on f-convex events
Authors
, ,