Calibrated uncertainty

DOI10.1016/J.JET.2020.105016MaRDI QIDQ785513zbMATH OpenOpenAlexFDO

Authors Faruk Gul, Wolfgang Pesendorfer

Publication date 7 August 2020

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2020.105016

zbMATH Keywords

ambiguityambiguity measureseparation of ambiguity perception and ambiguity attitude

Mathematics Subject Classification ID

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

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Cites work

• scientific article; zbMATH DE number 3560492 (Why is no real title available?)
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• A behavioral characterization of plausible priors
• A theory of subjective compound lotteries
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• Ambiguity made precise: A comparative foundation
• Axiomatization of qualitative belief structure
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• Continuous subjective expected utility with non-additive probabilities
• Differentiating ambiguity and ambiguity attitude
• Expected uncertain utility theory
• Expected utility with purely subjective non-additive probabilities
• Hurwicz expected utility and subjective sources
• Imprecise probabilistic beliefs as a context for decision-making under ambiguity
• Maxmin expected utility over Savage acts with a set of priors
• Maxmin expected utility with non-unique prior
• Objective and subjective rationality in a multiple prior model
• Perceived ambiguity and relevant measures
• Risk, Ambiguity, and the Separation of Utility and Beliefs
• Risk, ambiguity and the Savage axioms
• Subjective Probabilities on Subjectively Unambiguous Events
• Subjective ambiguity, expected utility and Choquet expected utility
• Subjective expected utility with non-additive probabilities on finite state spaces
• Upper and Lower Probabilities Induced by a Multivalued Mapping

Cited in

(10)

• Belief hedges: Measuring ambiguity for all events and all models
• A theoretical foundation of ambiguity measurement
• Elimination of the type B uncertainty
• A Comparison of Uncertainty Criteria for Calibration
• Bayes and Hurwicz without Bernoulli
• Purely subjective revealed ambiguity
• A measure of ambiguity (Knightian uncertainty)
• Accept \& reject statement-based uncertainty models
• Uncertainty and compound lotteries: calibration
• Including Covariances in Calibration to Obtain Better Measurement Uncertainty Estimates

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