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Knightian Uncertainty Meets Ranking Theory

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SPOHN, Wolfgang, 2017. Knightian Uncertainty Meets Ranking Theory. In: Homo Oeconomicus. 34(4), pp. 293-311. ISSN 0943-0180. eISSN 2366-6161. Available under: doi: 10.1007/s41412-017-0060-5

@article{Spohn2017-12-09Knigh-41361, title={Knightian Uncertainty Meets Ranking Theory}, year={2017}, doi={10.1007/s41412-017-0060-5}, number={4}, volume={34}, issn={0943-0180}, journal={Homo Oeconomicus}, pages={293--311}, author={Spohn, Wolfgang} }

<rdf:RDF xmlns:dcterms="" xmlns:dc="" xmlns:rdf="" xmlns:bibo="" xmlns:dspace="" xmlns:foaf="" xmlns:void="" xmlns:xsd="" > <rdf:Description rdf:about=""> <dcterms:hasPart rdf:resource=""/> <bibo:uri rdf:resource=""/> <dcterms:title>Knightian Uncertainty Meets Ranking Theory</dcterms:title> <dspace:isPartOfCollection rdf:resource=""/> <dc:contributor>Spohn, Wolfgang</dc:contributor> <dc:rights>terms-of-use</dc:rights> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dc:language>eng</dc:language> <dcterms:isPartOf rdf:resource=""/> <dspace:hasBitstream rdf:resource=""/> <dcterms:abstract xml:lang="eng">Knightian uncertainty is not a special kind of uncertainty; it’s just uncertainty. And it raises the issue how we may model uncertainty. The paper gives a brief overview over non-probabilistic measures of uncertainty, starting with Shackle’s functions of potential surprise and mentioning non-additive probabilities, Dempster–Shafer belief functions, etc. It arrives at an explanation of ranking theory as a further uncertainty model and emphasizes its additional epistemological virtues, which consist in a representation of belief, i.e., of taking something to be true (which is the basic notion of traditional epistemology and admits of degrees as well) and a full dynamic account of those degrees. The final section addresses the issue how these uncertainty measures and in particular ranking theory may be used within a decision theoretic context.</dcterms:abstract> <dc:date rdf:datatype="">2018-02-14T15:46:36Z</dc:date> <dcterms:rights rdf:resource=""/> <dcterms:available rdf:datatype="">2018-02-14T15:46:36Z</dcterms:available> <dc:creator>Spohn, Wolfgang</dc:creator> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dcterms:issued>2017-12-09</dcterms:issued> </rdf:Description> </rdf:RDF>

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