General equilibrium with uncertainty loving preferences

DOI10.3982/ECTA14777MaRDI QIDQ4644814zbMATH OpenOpenAlexWikidataFDO

Authors Alain Chateauneuf, Juan Pablo Gama, Rodrigo Novinski, Aloisio Araujo

Publication date 9 January 2019

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3982/ecta14777

zbMATH Keywords

aggregate riskambiguitycomplete financial marketsgeneral equilibriumrisk loving

Mathematics Subject Classification ID

Individual preferences (91B08) General equilibrium theory (91B50)

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Cited in

(6)

• Lack of prevalence of the endowment effect: an equilibrium analysis
• Naturally occurring preferences and general equilibrium: a laboratory study
• Optimal allocations with α‐MaxMin utilities, Choquet expected utilities, and prospect theory
• Stochastic overlapping generations with non-convex budget sets
• Risk loving and fat tails in the wealth distribution
• Generic non-existence of general equilibrium with EUU preferences under extreme ambiguity

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