On Uncertainty Aversion under Complete Ignorance: Some Further Observations on the Impossibility Results

Ruvin Gekker

doi:10.13025/23067

On Uncertainty Aversion under Complete Ignorance: Some Further Observations on the Impossibility Results

Ruvin Gekker

Research output: Working paper

Abstract

The paper claims that the Monotone Consistency condition utilized by Baigent in his proof of the impossibility theorem is too strong. We factorize this condition into two different weaker conditions and show that they are inconsistent with some variants of the Simple Uncertainty Aversion and the Simple Uncertainty Appeal conditions in the presence of the Independence condition.

Original language	English (Ireland)
Publisher	National University of Ireland, Galway
DOIs	https://doi.org/10.13025/23067
Publication status	Published - 1 Jan 2005

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10.13025/23067Licence: CC BY-NC-ND

Paper 0090Accepted author manuscript, 90.4 KBLicence: CC BY-NC-ND

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On Uncertainty Aversion under Complete Ignorance: Some Further Observations on the Impossibility Results

Abstract

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