Definitions of Ambiguous Events and the Smooth Ambiguity Model.
We examine a variety of preference-based definitions of ambiguous events in the context of the smooth ambiguity model. We first consider the definition proposed in Klibanoff et al. (Econometrica 73(6):1849-1892, 2005) based on the classic Ellsberg two-urn paradox (Ellsberg Q J Econ 75:643-669, 1961)...
| Main Authors: | , , |
|---|---|
| 格式: | Journal article |
| 语言: | English |
| 出版: |
Springer
2011
|
Search Result 1
Search Result 2
Search Result 3
