Revisiting precautionary saving under ambiguity

DOI10.1016/J.ECONLET.2018.11.009zbMath1422.91206OpenAlexW2901934868MaRDI QIDQ2328533

Richard Peter

Publication date: 10 October 2019

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2018.11.009

zbMATH Keywords

uncertaintynon-expected utilityambiguity aversionsavingcomparative statics

Mathematics Subject Classification ID

Decision theory (91B06)

Related Items (2)

New results on precautionary saving and nonlinear risks ⋮ Portfolio allocation problems between risky and ambiguous assets

Cites Work

• On relative and partial risk attitudes: theory and implications
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• Ordering ambiguous acts
• Precautionary saving in the large: \(n\)th degree deteriorations in future income
• Precautionary saving and the notion of ambiguity prudence
• Higher-order generalizations of Arrow-Pratt and Ross risk aversion: a comparative statics approach
• Portfolio Choices and Asset Prices: The Comparative Statics of Ambiguity Aversion
• Risk, Ambiguity, and the Savage Axioms
• Temporal Resolution of Uncertainty and Dynamic Choice Theory
• Risk Aversion in the Small and in the Large
• A Smooth Model of Decision Making under Ambiguity

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