[PDF][PDF] Event Valence and Subjective Probability

B Adam, P Ghirardato, D Pennesi, LM Stanca - Carlo Alberto Notebooks, 2024 - iris.unito.it
In the world of subjective probability, there is no a priori reason why probabilities—
interpreted as a willingness-to-bet—should necessarily lie in the interval [0, 1]. We weaken …

[PDF][PDF] Signed Subjective Expected Utility

A Brandenburger, P Ghirardato, D Pennesi, L Stanca - 2024 - adambrandenburger.com
In the world of subjective probability, there is no a priori reason why probabilities—
interpreted as a willingness-to-bet—should necessarily lie in the interval [0, 1]. We weaken …