Recursive Smooth Ambiguity Preferences.
This paper axiomatizes an intertemporal version of the Smooth Ambiguity decision model developed in [P. Klibanoff, M. Marinacci, S. Mukerji, A smooth model of decision making under ambiguity, Econometrica 73 (6) (2005) 1849–1892]. A key feature of the model is that it achieves a separation between a...
Hlavní autoři: | , , |
---|---|
Médium: | Journal article |
Jazyk: | English |
Vydáno: |
Elsevier
2009
|