تقرير
Stochastic Dynamic Utilities and Inter-Temporal Preferences
العنوان: | Stochastic Dynamic Utilities and Inter-Temporal Preferences |
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المؤلفون: | Maggis, Marco, Maran, Andrea |
سنة النشر: | 2018 |
المجموعة: | Mathematics Quantitative Finance |
مصطلحات موضوعية: | Mathematics - Probability, Economics - General Economics |
الوصف: | We propose an axiomatic approach which economically underpins the representation of dynamic preferences in terms of a stochastic utility function, sensitive to the information available to the decision maker. Our construction is iterative and based on inter-temporal preference relations, whose characterization is inpired by the original intuition given by Debreu's State Dependent Utilities (1960). |
نوع الوثيقة: | Working Paper |
URL الوصول: | http://arxiv.org/abs/1803.05244 |
رقم الأكسشن: | edsarx.1803.05244 |
قاعدة البيانات: | arXiv |
الوصف غير متاح. |