Ambiguity made precise: A comparative foundation
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There is characterized a formal definition of ambiguity aversion for a class of preference models. The presented analysis is based on a full subjective framework. All proofs and some-examples are given.
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Cites work
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Cited in
(only showing first 100 items - show all)- A theory of subjective compound lotteries
- Subjective random discounting and intertemporal choice
- Imprecise probabilistic beliefs as a context for decision-making under ambiguity
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- Asset pricing in a Lucas fruit-tree economy with the best and worst in mind
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