A Bayesian model of Knightian uncertainty

DOI10.1007/S11238-013-9404-1MaRDI QIDQ2353253zbMATH OpenOpenAlexFDO

Authors Jonathan Weinstein, Nabil I. Al-Najjar

Publication date 9 July 2015

Published in Theory and Decision (Search for Journal in Brave)

Full work available at URL http://irihs.ihs.ac.at/2213/1/es-300.pdf

zbMATH Keywords

riskKnightian uncertainty

Mathematics Subject Classification ID

Decision theory (91B06) Bayesian problems; characterization of Bayes procedures (62C10)

Recommendations

• Ambiguity and the Bayesian paradigm
• Intertemporal Asset Pricing under Knightian Uncertainty
• Purely subjective extended Bayesian models with Knightian unambiguity
• On the observational implications of Knightian uncertainty
• Knightian decision theory and econometric inferences

Cites work

• A Bayesian Approach to Uncertainty Aversion
• Maxmin expected utility with non-unique prior

Cited in

(12)

• Knightian decision theory and econometric inferences
• Towards a Bayesian theory of second-order uncertainty: lessons from non-standard logics
• The paradox of the Bayesian experts and state-dependent utility theory
• Ambiguity and the Bayesian paradigm
• Risk, uncertainty, and complexity
• Uncertainty within economic models. With a foreword by Eric S. Maskin
• Search and Knightian uncertainty
• A Bayesian Approach to Uncertainty Aversion
• On the observational implications of Knightian uncertainty
• A model of capacity choice under Knightian uncertainty
• Economics of pessimism and optimism. Theory of Knightian uncertainty and its applications
• On Hurwicz-Nash equilibria of non-Bayesian games under incomplete information

This page was built for publication: A Bayesian model of Knightian uncertainty

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2353253)