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Unsicherheit, Unsicherheitsaversion und die Teilung privater Informationen im Oligopol

Tapking, Jens - 1999

Persistent link: https://www.econbiz.de/10001456356

Partielle Informationen in Währungskrisenmodellen

Bauer, Christian - 2005

Persistent link: https://www.econbiz.de/10002424761

Uncertainty and risk : mental, formal, experimental representations

Abdellaoui, Mohammed (ed.) - 2007

Persistent link: https://www.econbiz.de/10003383977

Solution uniqueness in a class of currency crisis games

Bauer, Christian - In: International game theory review 7 (2005) 4, pp. 531-543

Persistent link: https://www.econbiz.de/10003280377

Uncertainty and Risk : Mental, Formal, Experimental Representations

Abdellaoui, Mohammed; Luce, R. Duncan; Machina, Mark J.; … - 2007

This book tries to sort out the different meanings of uncertainty and to discover their foundations. It shows that uncertainty can be represented using various tools and mental guidelines. Coverage also examines alternative ways to deal with risk and risk attitude concepts. Behavior under...

Persistent link: https://www.econbiz.de/10013520749

Subjective expected utility in games

Di Tillio, Alfredo - In: Theoretical economics : TE ; an open access journal in … 3 (2008) 3, pp. 287-323

This paper extends Savage's subjective approach to probability and utility from decision problems under exogenous uncertainty to choice in strategic environments. Interactive uncertainty is modeled both explicitly, using hierarchies of preference relations, the analogue of beliefs hierarchies,...

Persistent link: https://www.econbiz.de/10011700273

Stochastic Choice and Noisy Beliefs in Games : an Experiment

Friedman, Evan; Ward, Jeremy - 2022

We conduct an experiment in which we elicit subjects’ beliefs over opponents’ behavior multiple times for a given game without feedback. We find that the large majority of individual subjects have stochastic belief reports, which we argue cannot be explained by learning or measurement error....

Persistent link: https://www.econbiz.de/10014078590

Eliciting Ambiguous Beliefs Under Alpha-Maxmin Preference

Bose, Subir - 2017

We study the problem of elicitation of subjective beliefs of an agent when the beliefs are ambiguous (the set of beliefs is a non-singleton set) and the agent's preference exhibits ambiguity aversion; in particular, as represented by alpha-maxmin preferences. We construct a direct revelation...

Persistent link: https://www.econbiz.de/10012969749

Chapter 17. Ambiguity and Nonexpected Utility

Karni, Edi; Maccheroni, Fabio; Marinacci, Massimo - In: Handbook of game theory with economic applications : …, (pp. 901-947). 2015

This chapter reviews developments in the theory of decision making under risk and uncertainty, focusing on models that … “linearity in the probabilities” aspect of expected utility theory to game theory. The chapter consists of two main parts: The …-dependent utility models and cumulative prospect theory. The second part reviews theories of decision making under uncertainty that …

Persistent link: https://www.econbiz.de/10014025442

Strategic Beliefs

Jouini, Elyes; Napp, Clotilde - 2015

We provide a discipline for beliefs formation through a model of subjective beliefs, in which agents hold incorrect but strategic beliefs. More precisely, we consider beliefs as a strategic variable that agents can manipulate to maximize their utility from trade. Our framework is therefore an...

Persistent link: https://www.econbiz.de/10014026492