Ambiguity aversion and trade
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Publication:641835
DOI10.1007/s00199-011-0642-6zbMath1277.91132OpenAlexW2072499057MaRDI QIDQ641835
Luciano I. de Castro, Alain Chateauneuf
Publication date: 25 October 2011
Published in: Economic Theory (Search for Journal in Brave)
Full work available at URL: http://hdl.handle.net/10419/59660
Related Items (25)
Uncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibility ⋮ Participation in risk sharing under ambiguity ⋮ Non-implementability of Arrow-Debreu equilibria by continuous trading under volatility uncertainty ⋮ COMPETITIVE EQUILIBRIA WITH DISTORTION RISK MEASURES ⋮ PRICING IN REINSURANCE BARGAINING WITH COMONOTONIC ADDITIVE UTILITY FUNCTIONS ⋮ RISK REDISTRIBUTION GAMES WITH DUAL UTILITIES ⋮ AN ECONOMIC PREMIUM PRINCIPLE UNDER THE DUAL THEORY OF THE SMOOTH AMBIGUITY MODEL ⋮ Equilibrium prices and trade under ambiguous volatility ⋮ A full characterization of Nash implementation with strategy space reduction ⋮ Savings and default ⋮ The best choice problem under ambiguity ⋮ Cobb-Douglas preferences under uncertainty ⋮ Optimality in an OLG model with nonsmooth preferences ⋮ Optimal allocations with α‐MaxMin utilities, Choquet expected utilities, and prospect theory ⋮ Bilateral risk sharing in a comonotone market with rank-dependent utilities ⋮ A test of (weak) certainty independence ⋮ Decision making and trade without probabilities ⋮ Dynamic consistency for non-expected utility preferences ⋮ Optimal insurance design of ambiguous risks ⋮ Pricing rules and Arrow-Debreu ambiguous valuation ⋮ Decision making in phantom spaces ⋮ Efficient allocations under ambiguity ⋮ The effect of the central bank's standing facilities on interbank lending and bank liquidity holding ⋮ Equilibria Under Knightian Price Uncertainty ⋮ Value allocation under ambiguity
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