Discriminating between models of ambiguity attitude: a qualitative test

The exchange between Epstein (2010) and Klibanoff et al. (2012) identified a behavioral issue that sharply distinguishes between two classes of models of ambiguity sensitivity, exemplified by the ?-MEU model and the smooth ambiguity model, respectively. The issue in question is whether a subject

Opis bibliograficzny
Główni autorzy: Mukerji, S, Cubitt, R, van de Kuilen, G
Format: Working paper
Wydane: University of Oxford 2014