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Matthew Ryan |
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''Belief functions and preference for flexibility'' |
( 2014, Vol. 34 No.1 ) |
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This note clarifies some deep mathematical connections between the Dempster-Shafer theory belief functions (Dempster, 1967; Shafer, 1976) and preference for flexibility in the tradition of Kreps (1979). |
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Keywords: Belief functions, plausibility functions, preference for flexibility |
JEL: D8 - Information, Knowledge, and Uncertainty: General |
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Manuscript Received : Jan 30 2014 | | Manuscript Accepted : Mar 31 2014 |
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