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- W2004590489 abstract "We consider decision makers who know that payoff-relevant observations are generated by a process that belongs to a given class M , as postulated in Wald [Wald A (1950) Statistical Decision Functions (Wiley, New York)]. We incorporate this Waldean piece of objective information within an otherwise subjective setting à la Savage [Savage LJ (1954) The Foundations of Statistics (Wiley, New York)] and show that this leads to a two-stage subjective expected utility model that accounts for both state and model uncertainty." @default.
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- W2004590489 date "2013-04-04" @default.
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- W2004590489 title "Classical subjective expected utility" @default.
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- W2004590489 doi "https://doi.org/10.1073/pnas.1207805110" @default.
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