Interim efficient allocations under uncertainty

DOI10.1016/J.JET.2008.05.006zbMath1154.91394OpenAlexW2027071543MaRDI QIDQ1001830

Takashi Ui, Atsushi Kajii

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

multiple priorsdynamic consistencyinterim efficiencyno traderectangular prior set

Mathematics Subject Classification ID

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

Related Items (15)

Uncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibility ⋮ Participation in risk sharing under ambiguity ⋮ Optimal insurance under adverse selection and ambiguity aversion ⋮ Overlapping risk adjusted sets of priors and the existence of efficient allocations and equilibria with short-selling ⋮ Optimality in an OLG model with nonsmooth preferences ⋮ ``Agreeing to disagree type results under ambiguity ⋮ Generic non-existence of general equilibrium with EUU preferences under extreme ambiguity ⋮ A test of (weak) certainty independence ⋮ Ambiguity and the Bayesian Paradigm ⋮ Sharing risk and ambiguity ⋮ Interim efficiency with MEU-preferences ⋮ Agreeing to disagree and dilation ⋮ Efficient allocations under ambiguity ⋮ On the indifference relation in Bewley preferences ⋮ Correlated Nash equilibrium

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