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in a socially optimal manner. We develop a general theory of robust subsidies under such one-sided uncertainty and … across such sets, implying the optimal choice of a policy exists for the government under different uncertainty levels. …
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in a socially optimal manner. We develop a general theory of robust subsidies under such one-sided uncertainty and … across such sets, implying the optimal choice of a policy exists for the government under different uncertainty levels. …
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attitudes towards uncertainty and are ignorant to relevant aspects of the environment. Players in strategic games face Knightian … uncertainty about opponents' actions and maximize individually their Choquet expected utility. Our Choquet expected utility model … allows for both an optimistic or pessimistic attitude towards uncertainty as well as ignorance to strategic dependencies. An …
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