A note on comparative ambiguity aversion and justi?fiability

An action is justi?fiable if it is a best reply to some belief. We show that higher ambiguity aversion enlarges the set of justifi?able actions.

Year of publication:	2014
Authors:	Battigalli, Pierpaolo ; cerreia-Vioglio, Simone ; Maccheroni, Fabio ; Marinacci, Massimo
Institutions:	IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University

Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 527
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010936515