Testing constant absolute and relative ambiguity aversion

DOI10.1016/J.JET.2019.02.006MaRDI QIDQ2415993zbMATH OpenOpenAlexFDO

Authors Aurélien Baillon, Lætitia Placido

Publication date 23 May 2019

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

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jet.2019.02.006

zbMATH Keywords

ambiguity aversionCRRAEllsbergCARAambiguity models

Mathematics Subject Classification ID

Decision theory (91B06)

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Cites work

• scientific article; zbMATH DE number 3342731 (Why is no real title available?)
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Cited in

(8)

• A test of (weak) certainty independence
• Preferences with changing ambiguity aversion
• A general theory of subjective mixtures
• Ambiguity aversion and wealth effects
• On the Ellsberg and Machina paradoxes
• The role of intuition and reasoning in driving aversion to risk and ambiguity
• Foundations of ambiguity models under symmetry: \(\alpha\)-MEU and smooth ambiguity
• Testing negative value of information and ambiguity aversion

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