TY - JOUR

T1 - A theory of expected utility with nonadditive probability

AU - Oginuma, Takashi

PY - 1994/9

Y1 - 1994/9

N2 - In this paper, a new concept of probability (I-nonadditive probability), which is partially additive and partially nonadditive, is introduced. By using this concept of probability and the former results of Savage's and Schmeidler's, a model of expected utility with nonadditive probability is formulated.

AB - In this paper, a new concept of probability (I-nonadditive probability), which is partially additive and partially nonadditive, is introduced. By using this concept of probability and the former results of Savage's and Schmeidler's, a model of expected utility with nonadditive probability is formulated.

KW - Expected utility

KW - Nonadditive probability

UR - http://www.scopus.com/inward/record.url?scp=0042830207&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0042830207&partnerID=8YFLogxK

U2 - 10.1016/0304-4068(94)90027-2

DO - 10.1016/0304-4068(94)90027-2

M3 - Article

AN - SCOPUS:0042830207

VL - 23

SP - 451

EP - 473

JO - Journal of Mathematical Economics

JF - Journal of Mathematical Economics

SN - 0304-4068

IS - 5

ER -