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Uncertainty in Economic Theory.

This volume brings together important papers, coupled with new introductions, in the massively influential area of uncertainty in economic theory.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Gilboa, Itzhak
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Routledge, 2004.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Book Cover; Half-Title; Series-Title; Title; Copyright; Contents; Contributors; Preface; 1 Introduction; 2 Preference axiomatizations for decision under uncertainty; 3 Defining ambiguity and ambiguity attitude; 4 Introduction to the mathematics of ambiguity; 5 Subjective probability and expected utility without additivity; 6 MAxmin expected utility with non-unique prior; 7 A simple axiomatization of nonadditive expected utility; 8 Updating ambigous beliefs; 9 A definition of uncertainty aversion; 10 Ambiguity made precise; 11 Stochastically independent randomization and uncertainty aversion.
  • 12 Decomposition and representation of coalitional games13 An overview of ecnomic applications of David Schmeidler's models of decision making under uncertainty; 14 Ambiguity aversion and incompleteness of contractual form; 15 Ambiguity aversion and incompleteness of financial markets; 16 A quartet of semigroups for model specification, robustness, prices of risk, and model detection; 17 Uncertainty aversion, risk aver.