David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Since utilities and probabilities jointly determine choices, event-dependent utilities complicate the elicitation of subjective event probabilities. However, for the usual purpose of obtaining the information embodied in agent beliefs, it is suﬃcient to elicit objective probabilities, i.e., probabilities obtained by updating a known common prior with that agent’s further information. Bayesians who play a Nash equilibrium of a certain insurance game before they obtain relevant information will afterward act regarding lottery ticket payments as if they had event-independent risk-neutral utility and a known common prior. Proper scoring rules paid in lottery tickets can then elicit objective probabilities
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Giuseppe Attanasi & Aldo Montesano (2012). The Price for Information About Probabilities and its Relation with Risk and Ambiguity. Theory and Decision 73 (1):125-160.
John C. Harsanyi (1983). Bayesian Decision Theory, Subjective and Objective Probabilities, and Acceptance of Empirical Hypotheses. Synthese 57 (3):341 - 365.
Paul Weirich (1988). Trustee Decisions in Investment and Finance. Journal of Business Ethics 7 (1-2):73 - 80.
Itzhak Gilboa, Offer Lieberman & David Schmeidler (2010). On the Definition of Objective Probabilities by Empirical Similarity. Synthese 172 (1):79 - 95.
Sven Ove Hansson (2008). Do We Need Second-Order Probabilities? Dialectica 62 (4):525-533.
B. Loewer (2001). Determinism and Chance. Studies in History and Philosophy of Science Part B 32 (4):609-620.
Matthew Weiner & Nuel Belnap (2006). How Causal Probabilities Might Fit Into Our Objectively Indeterministic World. Synthese 149 (1):1--36.
Added to index2009-01-28
Total downloads4 ( #267,530 of 1,101,802 )
Recent downloads (6 months)1 ( #306,516 of 1,101,802 )
How can I increase my downloads?