{"id":534,"date":"2021-10-05T11:11:08","date_gmt":"2021-10-05T10:11:08","guid":{"rendered":"https:\/\/bsuncovered.com\/?p=534"},"modified":"2021-10-05T15:37:01","modified_gmt":"2021-10-05T14:37:01","slug":"case-based-decision-theory-and-maxmin-eu-with-non-unique-prior-with-itzhak-gilboa","status":"publish","type":"post","link":"https:\/\/bsuncovered.com\/index.php\/2021\/10\/05\/case-based-decision-theory-and-maxmin-eu-with-non-unique-prior-with-itzhak-gilboa\/","title":{"rendered":"Case-Based Decision Theory and Maxmin EU with Non-Unique Prior with Itzhak Gilboa"},"content":{"rendered":"<p><iframe loading=\"lazy\" style=\"border: none; min-width: min(100%, 430px);\" title=\"Case-Based Decision Theory and Maxmin EU with Non-Unique Prior with Itzhak Gilboa\" src=\"https:\/\/www.podbean.com\/player-v2\/?i=gxk3m-10f7b7c-pb&amp;from=pb6admin&amp;share=1&amp;download=1&amp;rtl=0&amp;fonts=Arial&amp;skin=1&amp;font-color=auto&amp;btn-skin=7\" width=\"100%\" height=\"150\" scrolling=\"no\" data-name=\"pb-iframe-player\"><\/iframe><\/p>\n<p style=\"text-align: justify;\">In this episode, we talk to <strong><a href=\"https:\/\/itzhakgilboa.weebly.com\/\" target=\"_blank\" rel=\"noopener\">Itzhak Gilboa<\/a><\/strong>, professor of Economics at the HEC Paris and Tel-Aviv University, and holder of the AXA Chair in Decision Sciences. We will talk about the contrast &#8220;expected vs. actual success&#8221; of two of his papers. <a href=\"https:\/\/itzhakgilboa.weebly.com\/uploads\/8\/3\/6\/3\/8363317\/gilboa_schmeidler_cbdt_qje_1995.pdf\" target=\"_blank\" rel=\"noopener\">&#8220;Case-Based Decision Theory&#8221;<\/a>\u00a0was expected to be very successful but turned out not to be. The second paper, <a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/0304406889900189\" target=\"_blank\" rel=\"noopener\">&#8220;Maxmin Expected Utility with Non-Unique Prior&#8221;<\/a> was not expected to be a big deal, but is now listed as the most cited and the most relevant paper in the <em>Journal of Mathematical Economics<\/em>. Tune in for a discussion centered around the development of the ideas, the publication process, and to learn about axiomatic decision theory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this episode, we talk to Itzhak Gilboa, professor of Economics at the HEC Paris and Tel-Aviv University, and holder of the AXA Chair in Decision Sciences. We will talk about the contrast &#8220;expected vs. actual success&#8221; of two of his papers. &#8220;Case-Based Decision Theory&#8221;\u00a0was expected to be very successful but turned out not to &hellip; <a href=\"https:\/\/bsuncovered.com\/index.php\/2021\/10\/05\/case-based-decision-theory-and-maxmin-eu-with-non-unique-prior-with-itzhak-gilboa\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Case-Based Decision Theory and Maxmin EU with Non-Unique Prior with Itzhak Gilboa<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/posts\/534"}],"collection":[{"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/comments?post=534"}],"version-history":[{"count":6,"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/posts\/534\/revisions"}],"predecessor-version":[{"id":542,"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/posts\/534\/revisions\/542"}],"wp:attachment":[{"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/media?parent=534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/categories?post=534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bsuncovered.com\/index.php\/wp-json\/wp\/v2\/tags?post=534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}