Learn More
The copyright to this Article is held by the Econometric Society. It may be downloaded, printed and reproduced only for educational or research purposes, including use in course packs. No downloading or copying may be done for any commercial purpose without the explicit permission of the Econometric Society. For such commercial purposes contact the Office(More)
We define and discuss Savage games, which are ordinal games that are set in L. J. Savage's framework of purely subjective uncertainty. Every Bayesian game is ordinally equivalent to a Savage game. However, Savage games are free of priors, probabilities and payoffs. Players' information and subjective attitudes toward uncertainty are encoded in the(More)
We define and discuss Savage games, which are ordinal games that are set in L. J. Savage's framework of purely subjective uncertainty. Every Bayesian game is ordinally equivalent to a Savage game. However, Savage games are free of priors, probabilities and payoffs. Players' information and subjective attitudes toward uncertainty are encoded in the(More)
Thought experiments are commonly used in the theory of behavior in the presence of risk and uncertainty to test the plausibility of proposed axiomatic postulates. The prototypical examples of the former are the Al-lais experiments and of the latter are the Ellsberg experiments. Although the lotteries from the former have objectively specified probabilities,(More)
  • 1