Abstract
A transformative decision rule alters the representation of a decision problem, either by changing the set of alternative acts or the set of states of the world taken into consideration, or by modifying the probability or value assignments. A set of transformative decision rules is order-independent in case the order in which the rules are applied is irrelevant. The main result of this paper is an axiomatic characterization of order-independent transformative decision rules, based on a single axiom. It is shown that the proposed axiomatization resolves a problem observed by Teddy Seidenfeld in a previous axiomatization by Peterson.
| Original language | English |
|---|---|
| Pages (from-to) | 323-342 |
| Number of pages | 21 |
| Journal | Synthese |
| Volume | 147 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 2005 |