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Query: faculty: "FEB" and publication year: "1993"

AuthorsP.P. Wakker, S.H. Chew, L.G. Epstein
TitleA unifying approach to axiomatic non-expected utility theories: correction and comment
JournalJournal of economic theory
FacultyFaculty of Economics and Business
Institute/dept.FEB: Amsterdam School of Economics Research Institute (ASE-RI)
KeywordsDecision-making uner risk and uncertainty; Utility; Mathematical methods
AbstractChew and Epstein attempted to provide a unifying axiomatic framework for a number of generalizations of expected utility theory. Wakker pointed out that Theorem A, on which the central unifying proposition is based, is false. In this note, we apply Segal's result to prove that Theorem 2 is nevertheless valid with minor modifications.
Document typeArticle
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