Previous |  Up |  Next

Article

Title: Rationality principles for preferences on belief functions (English)
Author: Coletti, Giulianella
Author: Petturiti, Davide
Author: Vantaggi, Barbara
Language: English
Journal: Kybernetika
ISSN: 0023-5954 (print)
ISSN: 1805-949X (online)
Volume: 51
Issue: 3
Year: 2015
Pages: 486-507
Summary lang: English
.
Category: math
.
Summary: A generalized notion of lottery is considered, where the uncertainty is expressed by a belief function. Given a partial preference relation on an arbitrary set of generalized lotteries all on the same finite totally ordered set of prizes, conditions for the representability, either by a linear utility or a Choquet expected utility are provided. Both the cases of a finite and an infinite set of generalized lotteries are investigated. (English)
Keyword: generalized lottery
Keyword: preference relation
Keyword: belief function
Keyword: linear utility
Keyword: Choquet expected utility
Keyword: rationality conditions
MSC: 91B06
MSC: 91B16
idZBL: Zbl 06487092
idMR: MR3391681
DOI: 10.14736/kyb-2015-3-0486
.
Date available: 2015-09-01T09:16:32Z
Last updated: 2016-01-03
Stable URL: http://hdl.handle.net/10338.dmlcz/144382
.
Reference: [1] Chateauneuf, A.: Modeling attitudes towards uncertainty and risk through the use of Choquet integral..Ann. Oper. Res. 52 (1994), 3-20. Zbl 0823.90005, MR 1293557, 10.1007/bf02032158
Reference: [2] Chateauneuf, A., Cohen, M.: Choquet expected utility model: a new approach to individual behavior under uncertainty and social choice welfare..In: Fuzzy Meas. and Int: Th. and Appl., Physica, Heidelberg 2000, pp. 289-314. MR 1767756
Reference: [3] Choquet, G.: Theory of capacities..Ann. Inst. Fourier 5 (1954), 131-295. Zbl 0679.01011, MR 0080760, 10.5802/aif.53
Reference: [4] Coletti, G., Petturiti, D., Vantaggi, B.: Choquet expected utility representation of preferences on generalized lotteries..In: IPMU 2014 (A. Laurent et al., eds.), Part II, CCIS 443, pp. 444-453. 10.1007/978-3-319-08855-6_45
Reference: [5] Coletti, G., Regoli, G.: How can an expert system help in choosing the optimal decision?.Theory and Decision 33 (1992), 3, 253-264. Zbl 0769.90002, MR 1196662, 10.1007/bf00133644
Reference: [6] Coletti, G., Scozzafava, R.: Toward a general theory of conditional beliefs..Int. J. Intell. Sys. 21 (2006), 229-259. Zbl 1160.68582, 10.1002/int.20133
Reference: [7] Coletti, G., Scozzafava, R., Vantaggi, B.: Inferential processes leading to possibility and necessity..Inform. Sci. 245 (2013), 132-145. MR 3095855, 10.1016/j.ins.2012.10.034
Reference: [8] Dempster, A. P.: Upper and lower probabilities induced by a multivalued mapping..Ann. Math. Statist. 38 (1967), 2, 325-339. Zbl 0168.17501, MR 0207001, 10.1214/aoms/1177698950
Reference: [9] Denneberg, D.: Non-additive Measure and Integral..Theory and Decision Library: Series B, Vol. 27. Kluwer Academic, Dordrecht, Boston 1994. Zbl 0968.28009, MR 1320048, 10.1007/978-94-017-2434-0
Reference: [10] Dubra, J., Maccheroni, F., Ok, E. A.: Expected utility theory without the completeness axiom..J. Econom. Theory 115 (2004), 118-133. Zbl 1062.91025, MR 2036107, 10.1016/s0022-0531(03)00166-2
Reference: [11] Ellsberg, D.: Risk, ambiguity and the Savage axioms..Quart. J. Econ. 75 (1061), 643-669. Zbl 1280.91045, 10.2307/1884324
Reference: [12] Fagin, R., Halpern, J. Y.: Uncertainty, belief and probability..Comput. Intell. 7 (1991), 3, 160-173. Zbl 0718.68066, 10.1111/j.1467-8640.1991.tb00391.x
Reference: [13] Gale, D.: The Theory of Linear Economic Models..McGraw Hill 1960. Zbl 0114.12203, MR 0115801
Reference: [14] Gilboa, I., Schmeidler, D.: Maxmin expected utility with non-unique prior..J. Math. Econ. 18 (1989), 2, 141-153. Zbl 0675.90012, MR 1000102, 10.1016/0304-4068(89)90018-9
Reference: [15] Gilboa, I., Schmeidler, D.: Additive representations of non-additive measures and the Choquet integral..Ann. Oper. Res. 52 (1994), 43-65. Zbl 0814.28010, MR 1293559, 10.1007/bf02032160
Reference: [16] Herstein, I. N., Milnor, J.: An axiomatic approach to measurable utility..Econometrica 21 (1953), 2, 291-297. Zbl 0050.36705, MR 0061356, 10.2307/1905540
Reference: [17] Jaffray, J. Y.: Linear utility theory for belief functions..Oper. Res. Let. 8 (1989), 2, 107-112. Zbl 0673.90010, MR 0995970, 10.1016/0167-6377(89)90010-2
Reference: [18] Cord, M. Mc, Neufville, B. de: Lottery equivalents: Reduction of the certainty effect problem in utility assessment.
Reference: [19] Miranda, E., Cooman, G. de, Couso, I.: Lower previsions induced by multi-valued mappings..J. Stat. Plan. Inf. 133 (2005), 173-197. Zbl 1101.68868, MR 2162574, 10.1016/j.jspi.2004.03.005
Reference: [20] Nau, R.: The shape of incomplete preferences..Ann. Statist. 34 (2006), 5, 2430-2448. Zbl 1106.62001, MR 2291506, 10.1214/009053606000000740
Reference: [21] Quiggin, J.: A theory of anticipated utility..J. Econom. Beh. Org. 3 (1982), 323-343. 10.1016/0167-2681(82)90008-7
Reference: [22] Savage, L.: The Foundations of Statistics..Wiley, New York 1954. Zbl 0276.62006, MR 0063582
Reference: [23] Shafer, G.: A Mathematical Theory of Evidence..Princeton University Press 1976. Zbl 0359.62002, MR 0464340
Reference: [24] Schmeidler, D.: Subjective probability and expected utility without additivity..Econometrica 57 (1989), 3, 571-587. (First version: Subjective expected utility without additivity, Forder Institute Working Paper (1982)). Zbl 0672.90011, MR 0999273, 10.2307/1911053
Reference: [25] Schmeidler, D.: Integral representation without additivity..Proc. Amer. Math. Soc. 97 (1986, 2, 255-261. Zbl 0687.28008, MR 0835875, 10.1090/s0002-9939-1986-0835875-8
Reference: [26] Smets, P.: Decision making in the tbm: the necessity of the pignistic transformation..Int. J. Approx. Reas. 38 (2005), 2, 133-147. Zbl 1065.68098, MR 2116781, 10.1016/j.ijar.2004.05.003
Reference: [27] Troffaes, M.: Decision making under uncertainty using imprecise probabilities..Int. J. Approx. Reas. 45 (2007), 1, 17-29. Zbl 1119.91028, MR 2321707, 10.1016/j.ijar.2006.06.001
Reference: [28] Neumann, J. von, Morgenstern, O.: Theory of Games and Economic Behavior..Princeton University Press 1944. MR 0011937, 10.2307/2572550
Reference: [29] Walley, P.: Statistical Reasoning with Imprecise Probabilities..Chapman and Hall, London 1991. Zbl 0732.62004, MR 1145491, 10.1007/978-1-4899-3472-7
Reference: [30] Wakker, P.: Under stochastic dominance Choquet-expected utility and anticipated utility are identical..Theory and Decis. 29 (1990), 2, 119-132. Zbl 0722.90003, MR 1064267, 10.1007/bf00126589
Reference: [31] Yaari, M.: The dual theory of choice under risk..Econometrica 55 (1987), 95-115. Zbl 0616.90005, MR 0875518, 10.2307/1911158
.

Files

Files Size Format View
Kybernetika_51-2015-3_8.pdf 387.9Kb application/pdf View/Open
Back to standard record
Partner of
EuDML logo