Showing 1 - 2 of 2
Finding the worst-case value of a preference over a set of plausible models is a well-established approach to address the issue of model uncertainty or ambiguity. In this paper, we study the worst-case evaluation of Yaari's dual utility functionals of an aggregate risk under dependence...
Persistent link: https://www.econbiz.de/10012900537
Persistent link: https://www.econbiz.de/10012114687