An overview of economic applications of David Schmeidler`s models of decision making under uncertainty
This paper surveys some economic applications of the decision theoretic framework pioneered by David Schmeidler to model effects of ambiguity. We have organized the discussion principally around three themes: financial markets, contractual arrangements and game theory. The first section discusses pa...
Main Authors: | , |
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Format: | Working paper |
Language: | English |
Published: |
Department of Economics (University of Oxford)
2003
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