1.  6
    An Expected Utility Theory for State-Dependent Preferences.Edi Karni & David Schmeidler - 2016 - Theory and Decision 81 (4):467-478.
    This note is a generalization and improved interpretation of the main result of Karni and Schmeidler. A decision-maker is supposed to possess a preference relation on acts and another preference relation on state-prize lotteries, both of which are assumed to satisfy the von Neumann–Morgenstern axioms. In addition, the two preference relations restricted to a state of nature are assumed to agree. We show that these axioms are necessary and sufficient for the existence of subjective expected utility over acts with state-dependent (...)
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  2.  51
    The Impossibility of Experimental Elicitation of Subjective Probabilities.Edi Karni & Zvi Safra - 1995 - Theory and Decision 38 (3):313-320.
  3.  56
    Helping Patients and Physicians Reach Individualized Medical Decisions: Theory and Application to Prenatal Diagnostic Testing. [REVIEW]Edi Karni, Moshe Leshno & Sivan Rapaport - 2014 - Theory and Decision 76 (4):451-467.
    This paper presents a procedure designed to aid physicians and patients in the process of making medical decisions, and illustrates its implementation to aid pregnant women, who decided to undergo prenatal diagnostic test choose a physician to administer it. The procedure is based on a medical decision-making model of Karni (J Risk Uncertain 39: 1–16, 2009). This model accommodates the possibility that the decision maker’s risk attitudes may vary with her state of health and incorporates other costs, such as pain (...)
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  4. State-Dependent Utility.Edi Karni - 2009 - In Paul Anand, Prasanta Pattanaik & Clemens Puppe (eds.), Handbook of Rational and Social Choice. Oxford University Press.
  5.  27
    On the Equivalence Between Descending Bid Auctions and First Price Sealed Bid Auctions.Edi Karni - 1988 - Theory and Decision 25 (3):211-217.