Probabilistic sophistication, second order stochastic dominance and uncertainty aversion
DOI10.1016/J.JMATECO.2012.05.005zbMATH Open1260.91054OpenAlexW1965504081MaRDI QIDQ455916FDOQ455916
Authors: Simone Cerreia-Vioglio, Fabio Maccheroni, Massimo Marinacci, Luigi Montrucchio 
Publication date: 22 October 2012
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
Full work available at URL: http://www.carloalberto.org/assets/working-papers/no.174.pdf
Recommendations
model misspecificationsubjective expected utilityuncertainty aversionsecond-order stochastic dominanceunambiguous eventsprobabilistic sophistication
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Cited In (10)
- Uncertainty averse preferences
- Market behavior when preferences are generated by second-order stochastic dominance
- Randomizing without randomness
- A simplified approach to subjective expected utility
- Probabilistic sophistication and variational preferences
- Bayes and Hurwicz without Bernoulli
- Ambiguity and robust statistics
- Variational Bewley preferences
- Efficient allocations under law-invariance: a unifying approach
- On subjective expected value under ambiguity
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