Ambiguity aversion and incompleteness of contractual form.

Ambiguity aversion and incompleteness of contractual form.

Subjective uncertainty is characterized by ambiguity if the decision maker has an imprecise knowledge of the probabilities of payoff-relevant events. In such an instance, subjective beliefs are better represented by a set of probability functions than by a unique probability function.

書目詳細資料
主要作者:	Mukerji, S
格式:	Journal article
語言:	English
出版:	American Economic Association 1998

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