Differentiating ambiguity: an expository note

被引：10
作者：
Eichberger, Juergen [2 ]
Grant, Simon [3 ]
Kelsey, David [1 ]
机构：
[1] Univ Exeter, Dept Econ, Exeter EX4 4PU, Devon, England
[2] Univ Heidelberg, Dept Econ, D-69117 Heidelberg, Germany
[3] Rice Univ, Dept Econ MS 22, Houston, TX 77251 USA
来源：
ECONOMIC THEORY | 2008年 / 36卷 / 02期
基金：
英国经济与社会研究理事会;
关键词：
ambiguity; multiple priors; invariant biseparable preferences; Hurwicz preferences;
D O I：
10.1007/s00199-007-0278-8
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Ghirardato et al. J Econ Theory 118:133-173, 2004 propose a method for distinguishing between perceived ambiguity and the decision-maker's reaction to it. They study a general class of preferences which they refer to as invariant biseparable. This class includes CEU and MEU. This note presents some examples which illustrate their results.
引用
收藏
页码：327 / 336
页数：10
相关论文
共 13 条
  • [1] [Anonymous], 1972, UNCERTAINTY EXPECTAT
  • [2] EICHBERGER J, 2006, DIFFERENTIATING AMBI
  • [3] A definition of uncertainty aversion
    Epstein, LG
    [J]. REVIEW OF ECONOMIC STUDIES, 1999, 66 (03) : 579 - 608
  • [4] Differentiating ambiguity and ambiguity attitude
    Ghirardato, P
    Maccheroni, F
    Marinacci, M
    [J]. JOURNAL OF ECONOMIC THEORY, 2004, 118 (02) : 133 - 173
  • [5] A subjective spin on roulette wheels
    Ghirardato, P
    Maccheroni, F
    Marinacci, M
    Siniscalchi, M
    [J]. ECONOMETRICA, 2003, 71 (06) : 1897 - 1908
  • [6] Ambiguity made precise: A comparative foundation
    Ghirardato, P
    Marinacci, M
    [J]. JOURNAL OF ECONOMIC THEORY, 2002, 102 (02) : 251 - 289
  • [7] GILBOA I, 1987, J MATH ECON, V16, P65, DOI 10.1016/0304-4068(87)90022-X
  • [8] Hurwicz L., 1951, Econometrica, V19, P343
  • [9] HURWICZ L, 1951, 370 COWL COM
  • [10] NEHRING K, 2001, DECISION MAKING CONT
12