Uncertainty averse preferences

From MaRDI portal
Publication:634503

DOI10.1016/j.jet.2011.05.006zbMath1247.91046OpenAlexW2016645392MaRDI QIDQ634503

Massimo Marinacci, Fabio Maccheroni, Luigi Montrucchio, Simone Cerreia-Vioglio

Publication date: 16 August 2011

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://www.carloalberto.org/wp-content/uploads/2018/11/no.77.pdf




Related Items (74)

Conditional preference orders and their numerical representationsObjective rationality foundations for (dynamic) \(\alpha\)-MEUDivergent platformsDynamic consistency, valuable information and subjective beliefsReference dependent ambiguityUncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibilityPreferences over rich sets of random variables: on the incompatibility of convexity and semicontinuity in measureObjective and subjective rationality and decisions with the best and worst case in mindComplete duality for quasiconvex and convex set-valued functionsTemperature targets, deep uncertainty and extreme events in the design of optimal climate policyDynamic semi-consistencyCrisp monetary acts in multiple-priors models of decision under ambiguityScale-invariant asset pricing and consumption/portfolio choice with general attitudes toward risk and uncertaintyInformation order in monotone decision problems under uncertaintyPreferences with changing ambiguity aversionRational preference and rationalizable choiceHaezendonck-Goovaerts capital allocation rulesCobb-Douglas preferences under uncertaintyRobust Portfolio Choice with Sticky WagesCharacterization of fully coupled FBSDE in terms of portfolio optimizationA powerful tool for analyzing concave/convex utility and weighting functionsTesting constant absolute and relative ambiguity aversionRevealed preferences under uncertainty: incomplete preferences and preferences for randomizationConvergence of utility indifference prices to the superreplication price in a multiple‐priors frameworkVariational Bewley preferencesAmbiguity in asset pricing and portfolio choice: a review of the literatureAdaptive risk assessmentsRandomizing without randomnessAmbiguity and endogenous discountingRandomization devices and the elicitation of ambiguity-averse preferencesA test of (weak) certainty independenceMaxmin expected utility in Savage's frameworkBeyond uncertainty aversionOn the confidence preferences modelRobust return risk measuresAsset prices in an ambiguous economyAmbiguity and the Bayesian ParadigmThe fog of fraud -- mitigating fraud by strategic ambiguityRational preferences under ambiguityPerfect hedging under endogenous permanent market impactsCharacterizations of Smooth Ambiguity Based on Continuous and Discrete DataParametric representation of preferencesSharing risk and ambiguityProbabilistic sophistication, second order stochastic dominance and uncertainty aversionAmbiguity and robust statisticsIgnorance and competence in choices under uncertaintyMean-dispersion preferences and constant absolute uncertainty aversionDynamically stable preferencesZOOMING IN ON AMBIGUITY ATTITUDESWhen a combination of convexity and continuity forces monotonicity of preferencesA survey of decision making and optimization under uncertaintyRisk- and ambiguity-averse portfolio optimization with quasiconcave utility functionalsMixed extensions of decision problems under uncertaintyDiversification preferences in the theory of choiceFinancial complexity and tradeRobustness and ambiguity in continuous timeZero-sum games with ambiguityProper scoring rules with general preferences: a dual characterization of optimal reportsWhen does aggregation reduce risk aversion?Dynamic robust Orlicz premia and Haezendonck-Goovaerts risk measuresDynamically consistent investment under model uncertainty: the robust forward criteriaUniversal interactive preferencesContextual deliberation and the choice-valuation preference reversalRobust optimal risk sharing and risk premia in expanding poolsCostly information acquisitionCostly information acquisition and the temporal resolution of uncertaintyRepresentation of increasing convex functionals with countably additive measuresOptimal Stopping Under Uncertainty in Drift and Jump IntensityAmbiguity aversion and wealth effectsA general theory of subjective mixturesObjective rationality and recursive multiple priorsComparative ambiguity aversion and downside ambiguity aversionThe structure of variational preferencesBlackwell's informativeness ranking with uncertainty-averse preferences



Cites Work


This page was built for publication: Uncertainty averse preferences