Are beliefs a matter of taste? A case for objective imprecise information
Raphaël Giraud () and
Jean-Marc Tallon ()
Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne
We argue, in the spirit of some of Jean-Yves Jaffray's work, that explicitly incorporating the information, however imprecise, available to the decision marker is relevant, feasible and fruitful. In particular, we show that it can lead us to know whether the decision maker has wrong beliefs and whether it matters or not, that it makes it possible to better model and analyze how the decision maker takes into account new information, even when this information is not an event and finally that it is crucial when attempting to identify and measure the decision maker's attitude toward imprecise information
Keywords: Beliefs; imprecision; information (search for similar items in EconPapers)
JEL-codes: B41 D80 (search for similar items in EconPapers)
Pages: 11 pages
New Economics Papers: this item is included in nep-cbe and nep-upt
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
Journal Article: Are beliefs a matter of taste? A case for objective imprecise information (2011)
Working Paper: Are beliefs a matter of taste? A case for Objective Imprecise Information (2011)
Working Paper: Are Beliefs a Matter of Taste ? A case for Objective Imprecise Information (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:09086
Access Statistics for this paper
More papers in Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne Contact information at EDIRC.
Bibliographic data for series maintained by Lucie Label ().