Uncertainty with ordinal likelihood information
| dc.contributor.author | Alcalde Unzu, Jorge | |
| dc.contributor.author | Arlegi Pérez, Ricardo | |
| dc.contributor.department | Economía | es_ES |
| dc.contributor.department | Ekonomia | eu |
| dc.date.accessioned | 2016-05-10T07:40:39Z | |
| dc.date.available | 2016-05-10T07:40:39Z | |
| dc.date.issued | 2007 | |
| dc.description.abstract | This paper proposes a new framework of choice under uncertainty, where the only information available to the decision maker is about the the ordinal likelihood of the different outcomes each action generates. This contrasts both with the classical models where the potential outcomes of each action have an associated probability distribution, and with the more recent complete uncertainty models, where the agent has no information whatever about the probability of the outcomes, even of an ordinal nature. We present an impossibility result in our framework, and some ways to circumvent it that result in different ranking rules. | en |
| dc.description.sponsorship | The authors acknowledge financial support by the Spanish Ministerio de Educación y Ciencia (Project SEC2003-08105 and SEJ2006-11510) and by Junta de Castilla y León (Project VA040A05). | en |
| dc.format.extent | 33 p. | |
| dc.format.mimetype | application/pdf | en |
| dc.identifier.uri | https://academica-e.unavarra.es/handle/2454/20646 | |
| dc.language.iso | eng | en |
| dc.relation.ispartofseries | Documentos de Trabajo DE - ES Lan Gaiak | es |
| dc.relation.ispartofseries | 0704 | en |
| dc.rights | CC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) | en |
| dc.rights.accessRights | info:eu-repo/semantics/openAccess | |
| dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0/ | |
| dc.subject | Uncertainty | en |
| dc.subject | Ordinal likelihood | en |
| dc.subject | Nonprobabilistic models | en |
| dc.subject | Complete uncertainty | en |
| dc.title | Uncertainty with ordinal likelihood information | en |
| dc.type | info:eu-repo/semantics/workingPaper | |
| dspace.entity.type | Publication | |
| relation.isAuthorOfPublication | 7db026f4-4346-47c8-a01d-4218e3d23bb4 | |
| relation.isAuthorOfPublication | c2a5ffc2-e7f3-43bb-959b-d60e0368a31f | |
| relation.isAuthorOfPublication.latestForDiscovery | 7db026f4-4346-47c8-a01d-4218e3d23bb4 |