The dual theory of the smooth ambiguity model

DOI10.1007/S00199-013-0779-6zbMATH Open1307.91060OpenAlexW1977459696MaRDI QIDQ2249574FDOQ2249574

Yusuke Osaki, Hideki Iwaki

Publication date: 2 July 2014

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

Full work available at URL: https://doi.org/10.1007/s00199-013-0779-6

Recommendations

• A Smooth Model of Decision Making under Ambiguity
• A dual approach to ambiguity aversion
• A paradox for the ``smooth ambiguity model of preference
• An economic premium principle under the dual theory of the smooth ambiguity model
• On ambiguity apportionment

zbMATH Keywords

ambiguityambiguity aversionsmooth ambiguity modelcomparative statics

Mathematics Subject Classification ID

Decision theory (91B06) Portfolio theory (91G10)

Cites Work

• The Dual Theory of Choice under Risk
• Maxmin expected utility with non-unique prior
• Risk, ambiguity and the Savage axioms
• Prospect Theory
• Subjective Probability and Expected Utility without Additivity
• A Smooth Model of Decision Making under Ambiguity
• The economics of risk and time
• Title not available (Why is that?)
• Curvature of the Probability Weighting Function
• Monotone Comparative Statics under Uncertainty
• Title not available (Why is that?)
• Ambiguity and Second-Order Belief
• The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach
• Risk Aversion and the Choice Between Risky Prospects: The Preservation of Comparative Statics Results
• Optimal Portfolios with One Safe and One Risky Asset: Effects of Changes in Rate of Return and Risk
• Generalized convex inequalities
• Portfolio choices and asset prices: the comparative statics of ambiguity aversion
• Definitions of ambiguous events and the smooth ambiguity model
• Second-order ambiguous beliefs

Cited In (10)

• Optimal investment in ambiguous financial markets with learning
• Equilibrium investment and reinsurance strategies under smooth ambiguity with a general second-order distribution
• Decision making in phantom spaces
• Continuous-time smooth ambiguity preferences
• Portfolio choice in the model of expected utility with a safety-first component
• Restricted increases in risk aversion and their application
• Optimal insurance design of ambiguous risks
• AN ECONOMIC PREMIUM PRINCIPLE UNDER THE DUAL THEORY OF THE SMOOTH AMBIGUITY MODEL
• Definitions of ambiguous events and the smooth ambiguity model
• Comparative ambiguity aversion and downside ambiguity aversion

This page was built for publication: The dual theory of the smooth ambiguity model

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2249574)