Comparisons of Ambiguous Experiments

An ambiguous statistical experiment is a set of joint probability distributions over states and signals. This note compares ambiguous experiments from the point of view of an ambiguity averse decision maker and extends the Blackwell (1951, 1953) ordering to this setting.

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Year of publication:	2015-01-05
Authors:	Tomala, Tristan ; Gensbittel, Fabien
Institutions:	HEC Paris (École des Hautes Études Commerciales)
Subject:	experiments \| value of information \| multiple priors \| maximin \| rectangularity

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Extent:	application/pdf
Series:	Les Cahiers de Recherche.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Les Cahiers de Recherche - HEC Paris Number 1074 11 pages
Classification:	C72 - Noncooperative Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011147707