Recursive non-expected utility: Connecting ambiguity attitudes to risk preferences and the level of ambiguity.
Özgür EvrenPublished in: Games Econ. Behav. (2019)
Keyphrases
- expected utility
- conditional plans
- risk aversion
- utility function
- decision theoretic
- utility theory
- decision theory
- decision makers
- risk averse
- von neumann
- pareto optimal
- influence diagrams
- optimal strategy
- decision making
- computational complexity
- optimal solution
- monte carlo
- simulated annealing
- probability distribution
- special case
- multi agent systems