Article ID: | iaor19891022 |
Country: | France |
Volume: | 23 |
Issue: | 3 |
Start Page Number: | 237 |
End Page Number: | 267 |
Publication Date: | Oct 1989 |
Journal: | RAIRO Operations Research |
Authors: | Jaffray Jean-Yves |
Regular uncertainty denotes any situation where data concerning the events are consistent with a set of probability measures, characterizable by its lower envelope, which is a convex capacity. A criterion of choice under regular uncertainty is then justified axiomatically and consists in a generalization of the expected utility criterion.