TY  - GEN
ID  - heidok9980
KW  - Ambiguity 
KW  -  Updating 
KW  -  Choquet Expected Utility 
KW  -  neo-additive capacities 
KW  -  Conditional Certainty Equivalent Consistency 
AV  - public
TI  - Neo-additive capacities and updating
Y1  - 2009///
N2  - 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 ?-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.
A1  - Eichberger, Jürgen
A1  - Grant, Simon
A1  - Lefort, Jean-Philippe
UR  - https://archiv.ub.uni-heidelberg.de/volltextserver/9980/
ER  -