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On the Smooth Ambiguity Model: A Reply

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Publication:2859087
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DOI10.3982/ECTA9775zbMath1274.91144MaRDI QIDQ2859087

Massimo Marinacci, Peter Klibanoff, Sujoy Mukerji

Publication date: 6 November 2013

Published in: Econometrica (Search for Journal in Brave)


zbMATH Keywords

ambiguityambiguity aversionmultiple priorssmooth ambiguity modelEllsbergambiguity hedgingfull state spacesecond-order actsseparation of ambiguity from ambiguity attitude


Mathematics Subject Classification ID

Decision theory (91B06)


Related Items (8)

Randomization and dynamic consistency ⋮ Ambiguity in asset pricing and portfolio choice: a review of the literature ⋮ OPTIMAL INSURANCE CONTRACTS UNDER DISTORTION RISK MEASURES WITH AMBIGUITY AVERSION ⋮ Data-driven robust mean-CVaR portfolio selection under distribution ambiguity ⋮ A closed-form solution for options with ambiguity about stochastic volatility ⋮ Eliciting ambiguity aversion in unknown and in compound lotteries: a smooth ambiguity model experimental study ⋮ Foundations of ambiguity models under symmetry: \(\alpha\)-MEU and smooth ambiguity ⋮ Equilibrium investment and reinsurance strategies under smooth ambiguity with a general second-order distribution






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