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Discriminating between models of ambiguity attitude: a qualitative test

Abstract:
The exchange between Epstein (2010) and Klibanoff et al. (2012) identified a behavioral issue that sharply distinguishes between two classes of models of ambiguity sensitivity, exemplified by the ?-MEU model and the smooth ambiguity model, respectively. The issue in question is whether a subject
Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2014-01-08
Paper number:
692
Keywords:
Pubs id:
514617
Local pid:
pubs:514617
Deposit date:
2020-12-14

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