Ambiguity and the value of information

DOI10.1007/s11166-010-9088-7zbMath1231.91099OpenAlexW2013578513MaRDI QIDQ989910

Arthur Snow

Publication date: 23 August 2010

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11166-010-9088-7

zbMATH Keywords

non-expected utilitygreater ambiguity aversiongreater ambiguity

Mathematics Subject Classification ID

Utility theory (91B16) Economics of information (91B44)

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Dynamic consistency, valuable information and subjective beliefs, On ambiguity apportionment, Welfare-improving ambiguity in insurance markets with asymmetric information, Ambiguity aversion, higher-order risk attitude and optimal effort, Ambiguity aversion and the propensities for self-insurance and self-protection, The value of information under ambiguity: a theoretical and experimental study on pest management in agriculture, The price for information about probabilities and its relation with risk and ambiguity, Eliciting ambiguity aversion in unknown and in compound lotteries: a smooth ambiguity model experimental study, A survey of decision making and optimization under uncertainty, DISTORTION RISK MEASURES, AMBIGUITY AVERSION AND OPTIMAL EFFORT, Insurance bargaining under ambiguity, Revisiting precautionary saving under ambiguity

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