title: Neo-additive capacities and updating
creator: Eichberger, Jürgen
creator: Grant, Simon
creator: Lefort, Jean-Philippe
subject: ddc-330
subject: 330 Economics
description: This paper shows that, for CEU preferences, the axioms consquentialism, state independence and conditional certainty equivalent consistency under updating characterise a family of capacities, called Genralised Neo-Additive Capacities (GNAC). This family contains as special cases among others neo-additive capacities as introduced by Chateauneuf, Eichberger, and Grant(2007), Hurwicz capacities, and ε-contaminations. Moreover, we will show that the convex version of a GNAC is the only capacity for which the core of the Full-Bayesian Updates of a capacity, introduced by Jaffray (1992), equals the set of Bayesian updates of the probability distributions in the core of the original capacity.
date: 2009
type: Working paper
type: info:eu-repo/semantics/workingPaper
type: NonPeerReviewed
format: application/pdf
identifier: https://archiv.ub.uni-heidelberg.de/volltextserverhttps://archiv.ub.uni-heidelberg.de/volltextserver/9980/1/Eichberger_Grant_Lefort_2009_dp490.pdf
identifier: DOI:10.11588/heidok.00009980
identifier: urn:nbn:de:bsz:16-opus-99800
identifier:   Eichberger, Jürgen ; Grant, Simon ; Lefort, Jean-Philippe  (2009) Neo-additive capacities and updating.  [Working paper]     
relation: https://archiv.ub.uni-heidelberg.de/volltextserver/9980/
rights: info:eu-repo/semantics/openAccess
rights: http://archiv.ub.uni-heidelberg.de/volltextserver/help/license_urhg.html
language: eng