Event Exchangeability: Probabilistic Sophistication Without Continuity or Monotonicity

DOI10.1111/J.1468-0262.2006.00682.XMaRDI QIDQ3410712zbMATH OpenOpenAlexFDO

Authors Chew Soo Hong, Jacob S. Sagi

Publication date 30 November 2006

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/j.1468-0262.2006.00682.x

zbMATH Keywords

ambiguitydecision theorynonexpected utilityprobabilistic sophisticationriskuncertainty

Mathematics Subject Classification ID

Exchangeability for stochastic processes (60G09) Decision theory (91B06) Individual preferences (91B08)

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Cited in

(22)

• Financial market structures revealed by pricing rules: efficient complete markets are prevalent
• Uncertainty and compound lotteries: calibration
• Introduction to the special issue in honor of Peter Wakker
• On the indeterminacy of the representation of beliefs by probabilities
• Savage for dummies and experts
• On the robustness of indeterminacy in subjective probability
• Small worlds: Modeling attitudes toward sources of uncertainty
• Unbounded probabilistic sophistication
• On the difference between social and private goods
• An inequality measure for stochastic allocations
• Probabilistic sophistication, second order stochastic dominance and uncertainty aversion
• Ignorance and competence in choices under uncertainty
• A foundation for probabilistic beliefs with or without atoms
• Purely subjective revealed ambiguity
• Source and rank-dependent utility
• Probabilistic sophistication and variational preferences
• Are reference measures of law-invariant functionals unique?
• Learning under ambiguity: an experimental investigation
• An exchangeability-based finite-state axiomatization of subjective probability
• Attitudes towards natural sources of uncertainty for gains and losses
• Temporal resolution of uncertainty: risk vs. ambiguity
• Signaling probabilities in ambiguity: who reacts to vague news?

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