Foundations of ambiguity and economic modeling.

Foundations of ambiguity and economic modeling.

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Are foundations of models of ambiguity-sensitive preferences too flawed to be usefully applied to economic models? Al-Najjar and Weinstein (2009) say such is indeed the case. In this paper, first, we point out that many of the key arguments by Al-Najjar and Weinstein do not apply to quite a few of...

Bibliografske podrobnosti
Glavni avtor:	Mukerji, S
Format:	Working paper
Jezik:	English
Izdano:	Department of Economics (University of Oxford) 2009

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