Decision-theoretic approaches to non-knowledge in economics

Preprint OPEN
Svetlova, Ekaterina; van Elst, Henk;
  • Subject: Computer Science - Artificial Intelligence | Quantitative Finance - General Finance

We review two strands of conceptual approaches to the formal representation of a decision maker's non-knowledge at the initial stage of a static one-person, one-shot decision problem in economic theory. One focuses on representations of non-knowledge in terms of probabi... View more
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