Uncertainty Aversion with Second-Order Utilities and Probabilities
From MaRDI portal
Publication:3115959
DOI10.1287/mnsc.1050.0469zbMath1232.91224OpenAlexW2113055679MaRDI QIDQ3115959
Publication date: 21 February 2012
Published in: Management Science (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/mnsc.1050.0469
Related Items (61)
Dynamic consistency, valuable information and subjective beliefs ⋮ Purely subjective variational preferences ⋮ Signaling probabilities in ambiguity: who reacts to vague news? ⋮ Risk averse decision making under catastrophic risk ⋮ Decision analysis under ambiguity ⋮ Ordering ambiguous acts ⋮ Scale-invariant asset pricing and consumption/portfolio choice with general attitudes toward risk and uncertainty ⋮ A theoretical foundation of ambiguity measurement ⋮ Games with second-order expected utility ⋮ Estimating ambiguity aversion in a portfolio choice experiment ⋮ On the Ellsberg and Machina paradoxes ⋮ Ambiguity in asset pricing and portfolio choice: a review of the literature ⋮ Ellsberg meets Keynes at an urn ⋮ Source and rank-dependent utility ⋮ Randomizing without randomness ⋮ Eliciting second-order beliefs ⋮ Ambiguity aversion and the propensities for self-insurance and self-protection ⋮ Risk analysis and decision theory: a bridge ⋮ Expected utility theory, Jeffrey's decision theory, and the paradoxes ⋮ Hurwicz expected utility and subjective sources ⋮ A test of (weak) certainty independence ⋮ Comparing uncertainty aversion towards different sources ⋮ Uncertain discount and hyperbolic preferences ⋮ Uncertainty averse preferences ⋮ Symmetry axioms and perceived ambiguity ⋮ Anticipated regret as an explanation of uncertainty aversion ⋮ Ambiguity and the Bayesian Paradigm ⋮ The fog of fraud -- mitigating fraud by strategic ambiguity ⋮ Confidence and decision ⋮ Event-separability in the Ellsberg urn ⋮ Risk, ambiguity, and state-preference theory ⋮ Characterizations of Smooth Ambiguity Based on Continuous and Discrete Data ⋮ Parametric representation of preferences ⋮ Sharing risk and ambiguity ⋮ Interim efficiency with MEU-preferences ⋮ Inferring beliefs as subjectively imprecise probabilities ⋮ The price for information about probabilities and its relation with risk and ambiguity ⋮ Dynamically consistent updating of multiple prior beliefs -- an algorithmic approach ⋮ Ambiguity and robust statistics ⋮ Utility independence of multiattribute utility theory is equivalent to standard sequence invariance of conjoint measurement ⋮ Aggregation of multiple prior opinions ⋮ Optimal portfolio with vector expected utility ⋮ Robust portfolio optimization with a generalized expected utility model under ambiguity ⋮ A survey of decision making and optimization under uncertainty ⋮ Expected utility with uncertain probabilities theory ⋮ Small worlds: Modeling attitudes toward sources of uncertainty ⋮ A vague multidimensional dependency structure: conditional versus unconditional fuzzy copula models ⋮ A class of incomplete and ambiguity averse preferences ⋮ Decision making in phantom spaces ⋮ A simplified axiomatic approach to ambiguity aversion ⋮ Ambiguity and the value of information ⋮ The value of a statistical life under ambiguity aversion ⋮ An additive model of decision making under risk and ambiguity ⋮ Choquet-based European option pricing with stochastic (and fixed) strikes ⋮ A theory of subjective compound lotteries ⋮ Recursive smooth ambiguity preferences ⋮ Uncertainty from the small to the large ⋮ Uncertainty and compound lotteries: calibration ⋮ Mean-dispersion preferences with a specific dispersion function ⋮ Risk-neutral equilibria of noncooperative games ⋮ Blackwell's informativeness ranking with uncertainty-averse preferences
This page was built for publication: Uncertainty Aversion with Second-Order Utilities and Probabilities
