Differentiating ambiguity: An expository note

Jürgen Eichberger, Simon Grant, David Kelsey*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

10 Citations (Scopus)

Abstract

Ghirardato et al. J Econ Theory 118:133-173, 2004 propose a method for distinguishing between perceived ambiguity and the decision-maker's reaction to it. They study a general class of preferences which they refer to as invariant biseparable. This class includes CEU and MEU. This note presents some examples which illustrate their results.

Original languageEnglish
Pages (from-to)327-336
Number of pages10
JournalEconomic Theory
Volume36
Issue number2
DOIs
Publication statusPublished - Aug 2008
Externally publishedYes

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