The multiple priors of the open-minded decision maker
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DOI: 10.1007/s00199-020-01262-4
Abstract: A multiple-prior decision maker is open-minded if he/she can describe, as subjective uncertainty, all convex sets of distributions over payoff relevant consequences. Theorem 1: open-mindedness is equivalent to the ability to subjectively describe both the… read more here.
Keywords: decision; decision maker; open minded; multiple priors ... See more keywords