Svetlova, Ekaterina; Elst, Henk van - arXiv.org - 2012
In this article, we address the question of how non-knowledge about future events that influence economic agents …, or (ii) unawareness. Accordingly, we identify and discuss two approaches to the formalisation of non-knowledge: one based … (unawareness as situation with imperfect subjective knowledge of all future events possible). We also discuss impeding challenges …