Ambiguity aversion, games against nature, and dynamic consistency

DOI10.1016/j.geb.2007.01.010zbMath1135.91331OpenAlexW2053960330MaRDI QIDQ2483119

James Peck, Emre Ozdenoren

Publication date: 28 April 2008

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.geb.2007.01.010

zbMATH Keywords

ambiguity aversionuncertainty aversiondynamic consistencyEllsbergmalevolent nature

Mathematics Subject Classification ID

Decision theory for games (91A35)

Related Items (6)

Robust probability updating ⋮ A dynamic Ellsberg urn experiment ⋮ Ambiguity and the Bayesian Paradigm ⋮ Imperfect public monitoring with a fear of signal distortion ⋮ Dynamic variational preferences ⋮ Dynamic decision making under ambiguity: an experimental investigation

Cites Work

• Dynamically consistent beliefs must be Bayesian
• Recursive multiple-priors.
• Dynamic variational preferences
• Risk, Ambiguity, and the Savage Axioms
• Dynamic choice under ambiguity
• Ambiguity Aversion, Robustness, and the Variational Representation of Preferences

This page was built for publication: Ambiguity aversion, games against nature, and dynamic consistency