Order-Independent transformative decision rules
2006 (English)In: Uncertainty, Rationality, and Agency, Springer Netherlands, 2006, 269-288 p.Chapter in book (Other academic)
A transformative decision rule alters the representation of a decision problem, either by changing the set of alternative acts or the set of states of the world taken into consideration, or by modifying the probability or value assignments. A set of transformative decision rules is order-independent in case the order in which the rules are applied is irrelevant. The main result of this paper is an axiomatic characterization of order-independent transformative decision rules, based on a single axiom. It is shown that the proposed axiomatization resolves a problem observed by Teddy Seidenfeld in a previous axiomatization by Peterson.
Place, publisher, year, edition, pages
Springer Netherlands, 2006. 269-288 p.
IdentifiersURN: urn:nbn:se:kth:diva-155107DOI: 10.1007/1-4020-4631-6_9ScopusID: 2-s2.0-84889980712ISBN: 1402046308 (ISBN); 9781402046308 (ISBN)OAI: oai:DiVA.org:kth-155107DiVA: diva2:760236
QC 201411032014-11-032014-10-302014-11-03Bibliographically approved