Beyond Earthquakes: The New Directions of Expected Utility Theory

Over the past two decades, an enormous amount of work has been done to improve the Expected Utility model. Two areas have attracted major attention: the possibility of describing unforeseen contingencies and the need to accommodate the kind of behavior referred to in Ellsberg's paradox. This ar...

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Autor principal:	ZURITA,FELIPE
Lenguaje:	English
Publicado:	Instituto de Economía, Pontificia Universidad Católica de Chile 2005
Materias:	Ambiguity Unawareness Unforeseen Contingencies Expected Utility
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012600002
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spelling	oai:scielo:S0717-682120050126000022006-03-15Beyond Earthquakes: The New Directions of Expected Utility TheoryZURITA,FELIPE Ambiguity Unawareness Unforeseen Contingencies Expected Utility Over the past two decades, an enormous amount of work has been done to improve the Expected Utility model. Two areas have attracted major attention: the possibility of describing unforeseen contingencies and the need to accommodate the kind of behavior referred to in Ellsberg's paradox. This article critically assesses the Expected Utility model and its interpretations, as well as the basic principles underlying the referred extensions, with an emphasis on their applicationsinfo:eu-repo/semantics/openAccessInstituto de Economía, Pontificia Universidad Católica de ChileCuadernos de economía v.42 n.126 20052005-11-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012600002en10.4067/S0717-68212005012600002
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Ambiguity Unawareness Unforeseen Contingencies Expected Utility
spellingShingle	Ambiguity Unawareness Unforeseen Contingencies Expected Utility ZURITA,FELIPE Beyond Earthquakes: The New Directions of Expected Utility Theory
description	Over the past two decades, an enormous amount of work has been done to improve the Expected Utility model. Two areas have attracted major attention: the possibility of describing unforeseen contingencies and the need to accommodate the kind of behavior referred to in Ellsberg's paradox. This article critically assesses the Expected Utility model and its interpretations, as well as the basic principles underlying the referred extensions, with an emphasis on their applications
author	ZURITA,FELIPE
author_facet	ZURITA,FELIPE
author_sort	ZURITA,FELIPE
title	Beyond Earthquakes: The New Directions of Expected Utility Theory
title_short	Beyond Earthquakes: The New Directions of Expected Utility Theory
title_full	Beyond Earthquakes: The New Directions of Expected Utility Theory
title_fullStr	Beyond Earthquakes: The New Directions of Expected Utility Theory
title_full_unstemmed	Beyond Earthquakes: The New Directions of Expected Utility Theory
title_sort	beyond earthquakes: the new directions of expected utility theory
publisher	Instituto de Economía, Pontificia Universidad Católica de Chile
publishDate	2005
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012600002
work_keys_str_mv	AT zuritafelipe beyondearthquakesthenewdirectionsofexpectedutilitytheory
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Beyond Earthquakes: The New Directions of Expected Utility Theory

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