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Subjective expected utility with a spectral state space

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Published in 2019 at "Economic Theory"

DOI: 10.1007/s00199-018-01173-5

Abstract: An agent faces a decision under uncertainty with the following structure. There is a set $${\mathcal {A}}$$ A of “acts”; each will yield an unknown real-valued payoff. Linear combinations of acts are feasible; thus, $${\mathcal… read more here.

Keywords: boolean algebra; space; utility; expected utility ... See more keywords