# Mean-dispersion preferences and constant absolute uncertainty aversion

## Author

## Abstract

## Suggested Citation

**Mean-dispersion preferences and constant absolute uncertainty aversion**," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1361-1398.

*RePEc:eee:jetheo:v:148:y:2013:i:4:p:1361-1398*

DOI: 10.1016/j.jet.2012.11.003

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## Other versions of this item:

- Simon Grant & Ben Polak, 2011.
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**Mean-Dispersion Preferences and Constant Absolute Uncertainty Aversion**," Cowles Foundation Discussion Papers 1805, Cowles Foundation for Research in Economics, Yale University.

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**Full references**(including those not matched with items on IDEAS)

## Citations

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**Cited by:**

- Mark Schneider & Jonathan W. Leland & Nathaniel T. Wilcox, 2018.
"
**Ambiguity framed**," Journal of Risk and Uncertainty, Springer, vol. 57(2), pages 133-151, October.- Mark Schneider & Jonathan Leland & Nathaniel T. Wilcox, 2016.
"
**Ambiguity Framed**," Working Papers 16-11, Chapman University, Economic Science Institute.

- Mark Schneider & Jonathan Leland & Nathaniel T. Wilcox, 2016.
"
- Loic Berger & Valentina Bosetti, 2016.
"
**Ellsberg re-revisited: An experiment disentangling model uncertainty and risk aversion**," Working Papers 576, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.- Loic Berger & Valentina Bosetti, 2016.
"
**Ellsberg Re-revisited: An Experiment Disentangling Model Uncertainty and Risk Aversion**," Working Papers 2016.37, Fondazione Eni Enrico Mattei. - Berger, Loic & Bosetti, Valentina, 2016.
"
**Ellsberg Re-revisited: An Experiment Disentangling Model Uncertainty and Risk Aversion**," MITP: Mitigation, Innovation and Transformation Pathways 236239, Fondazione Eni Enrico Mattei (FEEM).

- Loic Berger & Valentina Bosetti, 2016.
"
- Massimo Marinacci, 2015.
"
**Model Uncertainty**," Journal of the European Economic Association, European Economic Association, vol. 13(6), pages 1022-1100, December.- Massimo Marinacci, 2015.
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**Model Uncertainty**," Working Papers 553, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.

- Massimo Marinacci, 2015.
"
- repec:eee:matsoc:v:87:y:2017:i:c:p:31-39 is not listed on IDEAS
- Bommier, Antoine, 2017.
"
**A dual approach to ambiguity aversion**," Journal of Mathematical Economics, Elsevier, vol. 71(C), pages 104-118.- Antoine Bommier, 2014.
"
**A Dual Approach to Ambiguity Aversion**," CER-ETH Economics working paper series 14/207, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.

- Antoine Bommier, 2014.
"
- repec:kap:jrisku:v:54:y:2017:i:3:d:10.1007_s11166-017-9260-4 is not listed on IDEAS
- Mihm, Maximilian, 2016.
"
**Reference dependent ambiguity**," Journal of Economic Theory, Elsevier, vol. 163(C), pages 495-524. - Karni, Edi & Maccheroni, Fabio & Marinacci, Massimo, 2015.
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**Ambiguity and Nonexpected Utility**," Handbook of Game Theory with Economic Applications, Elsevier. - repec:spr:joecth:v:65:y:2018:i:3:d:10.1007_s00199-017-1033-4 is not listed on IDEAS
- Chambers, Robert G. & Grant, Simon & Polak, Ben & Quiggin, John, 2014.
"
**A two-parameter model of dispersion aversion**," Journal of Economic Theory, Elsevier, vol. 150(C), pages 611-641.- Chambers, Robert G. & Grant, Simon & Polak, Ben & Quiggin, John, 2011.
"
**A Two-Parameter Model of Dispersion Aversion**," Risk and Sustainable Management Group Working Papers 151196, University of Queensland, School of Economics.

- Chambers, Robert G. & Grant, Simon & Polak, Ben & Quiggin, John, 2011.
"
- repec:kap:jrisku:v:56:y:2018:i:1:d:10.1007_s11166-018-9273-7 is not listed on IDEAS
- Schneider, Mark A. & Nunez, Manuel A., 2015.
"
**A simple mean–dispersion model of ambiguity attitudes**," Journal of Mathematical Economics, Elsevier, vol. 58(C), pages 25-31. - Gumen, Anna & Savochkin, Andrei, 2013.
"
**Dynamically stable preferences**," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1487-1508.- Anna Gumena & Andrei Savochkin, 2012.
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**Dynamically Stable Preferences**," Carlo Alberto Notebooks 263, Collegio Carlo Alberto.

- Anna Gumena & Andrei Savochkin, 2012.
"
- Mark Schneider & Manuel Nunez, 2016.
"
**Mean-Dispersion Preferences with a Specific Dispersion Function**," Working Papers 16-10, Chapman University, Economic Science Institute. - Alon, Shiri & Schmeidler, David, 2014.
"
**Purely subjective Maxmin Expected Utility**," Journal of Economic Theory, Elsevier, vol. 152(C), pages 382-412. - Simone Cerreia Vioglio & Fabio Maccheroni & Massimo Marinacci, 2016.
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**Absolute and Relative Ambiguity Aversion: A Preferential Approach**," Working Papers 578, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University. - Nathaniel T. Wilcox, 2017.
"
**Random expected utility and certainty equivalents: mimicry of probability weighting functions**," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 3(2), pages 161-173, December.- Wilcox, Nathaniel, 2016.
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**Random Expected Utility and Certainty Equivalents: Mimicry of Probability Weighting Functions**," MPRA Paper 73068, University Library of Munich, Germany. - Nathaniel T. Wilcox, 2017.
"
**Random Expected Utility and Certainty Equivalents: Mimicry of Probability Weighting Functions**," Working Papers 16-14, Chapman University, Economic Science Institute.

- Wilcox, Nathaniel, 2016.
"

## More about this item

### Keywords

Ambiguity aversion; Translation invariance; Dispersion; Uncertainty; Probabilistic sophistication;### JEL classification:

**D81**- Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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