• Medientyp: E-Book; Bericht
  • Titel: A theory of Bayesian decision making
  • Beteiligte: Karni, Edi [Verfasser:in]
  • Erschienen: Baltimore, MD: The Johns Hopkins University, Department of Economics, 2009
  • Sprache: Englisch
  • Schlagwörter: D81 ; D82 ; D80 ; subjective probabilities ; beliefs ; prior distributions ; Bayesian decision making
  • Entstehung:
  • Anmerkungen: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Beschreibung: This paper presents a complete, choice-based, axiomatic Bayesian decision theory. It introduces a new choice set consisting of information-contingent plans for choosing actions and bets and subjective expected utility model with effect-dependent utility functions and action-dependent subjective probabilities which, in conjunction with the updating of the probabilities using Bayes' rule, gives rise to a unique prior and a set of action-dependent posterior probabilities representing the decision maker's prior and posterior beliefs.
  • Zugangsstatus: Freier Zugang