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Working Papers, Department of Economics, UC Davis >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/58380
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Schipper, Burkhard C. | | en_US |
| dc.date.accessioned | | 2010-03-22 | | en_US |
| dc.date.accessioned | | 2012-06-12T13:33:47Z | | - |
| dc.date.available | | 2012-06-12T13:33:47Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/58380 | | - |
| dc.description.abstract | | I develop awareness-dependent subjective expected utility by taking unawareness structures introduced in Heifetz, Meier, and Schipper (2006, 2008, 2009) as primitives in the Anscombe-Aumann approach to subjective expected utility. I observe that a decision maker is unaware of an event if and only if her choices reveal that the event is null and the negation of the event is null. Moreover, I characterize impersonal expected utility that is behaviorally indistinguishable from awareness-dependent subject expected utility and assigns probability zero to some subsets of states that are not necessarily events. I discuss in what sense impersonal expected utility can not represent unawareness. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Dep. of Economics, Univ. of California Davis, Calif. | | en_US |
| dc.relation.ispartofseries | | Working Papers, University of California, Department of Economics 10,5 | | en_US |
| dc.subject.jel | | C70 | | en_US |
| dc.subject.jel | | C72 | | en_US |
| dc.subject.jel | | D80 | | en_US |
| dc.subject.jel | | D82 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | unawareness | | en_US |
| dc.subject.keyword | | awareness | | en_US |
| dc.subject.keyword | | unforeseen contingencies | | en_US |
| dc.subject.keyword | | null | | en_US |
| dc.subject.keyword | | zero probability | | en_US |
| dc.subject.keyword | | subjective expected utility | | en_US |
| dc.subject.keyword | | Anscombe-Aumann | | en_US |
| dc.subject.keyword | | small worlds | | en_US |
| dc.subject.keyword | | extensionality of acts | | en_US |
| dc.subject.keyword | | event exchangeability | | en_US |
| dc.title | | Revealed unawareness | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 621682373 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Working Papers, Department of Economics, UC Davis
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