A Desirability-Based Axiomatisation for Coherent Choice Functions
read the original abstract
Choice functions constitute a simple, direct and very general mathematical framework for modelling choice under uncertainty. In particular, they are able to represent the set-valued choices that typically arise from applying decision rules to imprecise-probabilistic uncertainty models. We provide them with a clear interpretation in terms of attitudes towards gambling, borrowing ideas from the theory of sets of desirable gambles, and we use this interpretation to derive a set of basic axioms. We show that these axioms lead to a full-fledged theory of coherent choice functions, which includes a representation in terms of sets of desirable gambles, and a conservative inference method.
This paper has not been read by Pith yet.
Forward citations
Cited by 1 Pith paper
-
A decision-theoretic approach to dealing with uncertainty in quantum mechanics
A decision-theoretic model is developed in which quantum measurements act as uncertain decisions whose utilities encode Born's rule, enabling an imprecise-probabilities treatment of quantum uncertainty.
discussion (0)
Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.