Recursive smooth ambiguity preferences
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- Peter Klibanoff & Massimo Marinacci & Sujoy Mukerji, 2006. "Recursive Smooth Ambiguity Preferences," Carlo Alberto Notebooks 17, Collegio Carlo Alberto, revised 2008.
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Keywords
Ambiguity Uncertainty Knightian uncertainty Ambiguity aversion Uncertainty aversion Ellsberg paradox Dynamic decision making Dynamic programming under ambiguity Smooth ambiguity;JEL classification:
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
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