Coherence without additivity |
| |
| Authors: | Enrico Diecidue |
| |
| Institution: | a INSEAD, 1 Ayer Rajah Avenue, Singapore 138676, Singapore
b Istituto di Metodi Quantitativi, (IMQ), Università Bocconi, Viale Isonzo 25, 20135 Milano, Italy ICER, Torino, Italy |
| |
| Abstract: | The Dutch book argument is a coherence condition for the existence of subjective probabilities. This paper gives a general framework of analysis for this argument in a nonadditive probability setting. Particular cases are given by comonotonic and affinely related Dutch books that lead to Choquet expectations and Min expectations. |
| |
| Keywords: | D81 |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
