A unifying approach to axiomatic non-expected utility theories: correction and comment

Authors
  • C.S. Hong
  • L.G. Epstein
  • P. Wakker
Publication date 1993
Journal Journal of Economic Theory
Volume | Issue number 59 | 1
Pages (from-to) 183-188
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract Chew 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 type Erratum / Corrigendum
Language English
Published at
https://doi.org/10.1006/jeth.1993.1011 (Final published version)
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