A simple axiomatization and constructive representation proof for Choquet Expected Utility

Chateauneuf, Alain; Eichberger, Jürgen; Grant, Simon

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A simple axiomatization and constructive representation proof for Choquet Expected Utility

Date

2003

Authors

Chateauneuf, Alain

Eichberger, Jürgen

Grant, Simon

Publisher

Springer

Abstract

We provide a set of simple and intuitive set of axioms that allow for a direct and constructive proof of the Choquet Expected Utility representation for decision making under uncertainty.