TY  - GEN
N2  - This paper explores the relationship between dynamic consistency and the existing notions of unambiguous events for Choquet expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We show that the decision maker's preferences respect dynamic consistency on a fixed filtration if and only if the last stage of the filtration is composed of unambiguous events in the sense of Nehring (1999). Adopting two axioms, conditional certainty equivalence consistency and constrained dynamic consistency to filtration measurable acts, it is shown that the decision maker respects these two axioms on a fixed filtration if and only if the last stage of the filtration is made up of unambiguous events the sense of Zhang (2002).
ID  - heidok9838
AV  - public
A1  - Dominiak, Adam
A1  - Lefort, Jean-Philippe
Y1  - 2009///
TI  - Unambiguous Events and Dynamic Choquet Preferences
KW  - Choquet expected utility 
KW  -  unambiguous events 
KW  -  filtration 
KW  -  updating 
KW  -  dynamic consistency
KW  -  consequentialism
UR  - https://archiv.ub.uni-heidelberg.de/volltextserver/9838/
ER  -