%0 Generic
%A Eichberger, Jürgen
%A Grant, Simon
%A Lefort, Jean-Philippe
%D 2009
%F heidok:9980
%K Ambiguity , Updating , Choquet Expected Utility , neo-additive capacities , Conditional Certainty Equivalent Consistency 
%R 10.11588/heidok.00009980
%T Neo-additive capacities and updating
%U https://archiv.ub.uni-heidelberg.de/volltextserver/9980/
%X 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.