Interim efficient allocations under uncertainty

DOI10.1016/J.JET.2008.05.006MaRDI QIDQ1001830zbMATH OpenOpenAlexFDO

Authors Atsushi Kajii, Takashi Ui

Publication date 19 February 2009

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

Full work available at URL http://hdl.handle.net/10131/3806

zbMATH Keywords

dynamic consistencyinterim efficiencymultiple priorsno traderectangular prior set

Mathematics Subject Classification ID

Utility theory (91B16) Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Special types of economic equilibria (91B52)

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Cites work

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• Uncertainty and Risk in Financial Markets
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• Updating ambiguous beliefs

Cited in

(22)

• Correlated Nash equilibrium
• Efficient intertemporal allocations with recursive utility.
• Uncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibility
• Agreeing to disagree and dilation
• On the indifference relation in Bewley preferences
• Discrepancies between ex ante and ex post efficiency under identical subjective probabilities
• Interim efficiency with MEU-preferences
• Ambiguity and the Bayesian paradigm
• Optimal insurance under adverse selection and ambiguity aversion
• Sharing risk and ambiguity
• Efficient allocations under ambiguity
• An experimental analysis of intertemporal allocation behavior
• Optimality in an OLG model with nonsmooth preferences
• A test of (weak) certainty independence
• Overlapping risk adjusted sets of priors and the existence of efficient allocations and equilibria with short-selling
• Strategic ambiguity in global games
• Weak agreement and the properties of beliefs under ambiguity
• Agreeing to disagree revisited
• Information aggregation under ambiguity: theory and experimental evidence
• Participation in risk sharing under ambiguity
• ``Agreeing to disagree type results under ambiguity
• Generic non-existence of general equilibrium with EUU preferences under extreme ambiguity

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