Probabilistically Sophisticated Choice: An Alternative Axiomatization

Edi Karni

Revue économique, 2020, vol. 71, issue 2, 307-312

Abstract: This paper provides an alternative axiomatization of the probabilistically sophisticated choice model of Machina and Schmeidler [1995]. JEL Codes: D8, D81, D83.

Keywords: probabilistic sophistication; subjective probabilities (search for similar items in EconPapers)
JEL-codes: D8 D81 D83 (search for similar items in EconPapers)
Date: 2020
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