1980RePEc: Research Papers in EconomicsOpen access

An Expected Utility Theory for State-Dependent Preferences

Edi Karni, David Schmeidler, Karni, Edi, Schmeidler, David

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Abstract

Financial Economics

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Financial Economics

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Available abstract

Financial Economics

Key concepts: Subjective expected utility, Axiom, Mathematical economics, Expected utility hypothesis, Preference relation, Von Neumann–Morgenstern utility theorem, Preference, Generalization

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