Chateauneuf, A.; Dana, R.-A; Tallon, J.-M. - Centre de recherche de mathématiques et économie … - 1997
This paper explores the consequences of non-additive expected utility on risk-sharing and equilibrium in a general equilibrium set-up. We establish that convexity of an agent's preferences (or strong uncertainty aversion) is equivalent to the convexity of his capacity and concavity of his...