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Differentiating ambiguity: An expository note

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Eichberger, Jürgen; Grant, Simon; Kelsey, David

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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.

dc.contributor.authorEichberger, Jürgen
dc.contributor.authorGrant, Simon
dc.contributor.authorKelsey, David
dc.date.accessioned2022-12-02T01:15:35Z
dc.identifier.issn0938-2259
dc.identifier.urihttp://hdl.handle.net/1885/281495
dc.description.abstractGhirardato 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.
dc.format.mimetypeapplication/pdf
dc.language.isoen_AU
dc.publisherSpringer
dc.rights© 2007 The authors
dc.sourceEconomic Theory
dc.subjectAmbiguity
dc.subjectHurwicz preferences
dc.subjectInvariant biseparable preferences
dc.subjectMultiple priors
dc.titleDifferentiating ambiguity: An expository note
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume36
dc.date.issued2008
local.identifier.absfor389999 - Other economics not elsewhere classified
local.identifier.ariespublicationU3488905xPUB15593
local.publisher.urlhttps://link.springer.com/
local.type.statusPublished Version
local.contributor.affiliationEichberger, Jürgen, Universität Heidelberg
local.contributor.affiliationGrant, Simon, College of Business and Economics, ANU
local.contributor.affiliationKelsey, David, University of Exeter
local.description.embargo2099-12-31
local.bibliographicCitation.issue2
local.bibliographicCitation.startpage327
local.bibliographicCitation.lastpage336
local.identifier.doi10.1007/s00199-007-0278-8
dc.date.updated2021-11-28T07:30:57Z
local.identifier.scopusID2-s2.0-44349123108
local.identifier.thomsonID000256084600008
CollectionsANU Research Publications

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