Recursive non-expected utility: connecting ambiguity attitudes to risk preferences and the level of ambiguity

DOI10.1016/j.geb.2019.02.004zbMath1419.91289OpenAlexW2914894071WikidataQ128367577 ScholiaQ128367577MaRDI QIDQ1735818

Özgür Evren

Publication date: 29 March 2019

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.geb.2019.02.004

zbMATH Keywords

ambiguity aversionportfolio choiceAllais paradoxEllsberg paradoxincreasing ambiguitynegative certainty independence

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16) Portfolio theory (91G10)

Related Items (2)

Social and strategic ambiguity versus betrayal aversion ⋮ Uncertainty and compound lotteries: calibration

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