A class of incomplete and ambiguity averse preferences
This paper characterizes models of ambiguous beliefs in the absence of the completeness axiom. We axiomatize multiple-selves versions of some of the most important examples of complete and ambiguity averse preferences, and characterize when those incomplete preferences are ambiguity averse.
Year of publication: |
2011
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Authors: | Nascimento, Leandro ; Riella, Gil |
Published in: |
Journal of Economic Theory. - Elsevier, ISSN 0022-0531. - Vol. 146.2011, 2, p. 728-750
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Publisher: |
Elsevier |
Subject: | Incomplete preferences Ambiguity aversion |
Saved in:
Online Resource
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