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Tomasz Strzalecki

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Drew Fudenberg & Whitney K. Newey & Philipp Strack & Tomasz Strzalecki, 2019. "Testing the Drift-Diffusion Model," Papers 1908.05824, arXiv.org.

    Cited by:

    1. Uwe Sunde & Dainis Zegners & Anthony Strittmatter, 2022. "Speed, Quality, and the Optimal Timing of Complex Decisions: Field Evidence," Papers 2201.10808, arXiv.org.
    2. Carlos Alós-Ferrer & Michele Garagnani, 2019. "Strength of preference and decisions under risk," ECON - Working Papers 330, Department of Economics - University of Zurich, revised Feb 2022.
    3. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Aldo Rustichini, 2020. "Multinomial logit processes and preference discovery: inside and outside the black box," Papers 2004.13376, arXiv.org, revised Jan 2021.
    4. J r my Boccanfuso, 2022. "Consumption Response Heterogeneity and Dynamics with an Inattention Region," Working Papers wp1172, Dipartimento Scienze Economiche, Universita' di Bologna.

  2. Mira Frick & Ryota Iijima & Tomasz Strzalecki, 2017. "Dynamic Random Utility," Cowles Foundation Discussion Papers 2092, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Christopher Turansick, 2021. "Identification in the Random Utility Model," Papers 2102.05570, arXiv.org, revised May 2022.
    2. Carlos Alós-Ferrer & Georg D. Granic, 2023. "Does choice change preferences? An incentivized test of the mere choice effect," Experimental Economics, Springer;Economic Science Association, vol. 26(3), pages 499-521, July.
    3. Fedor Sandomirskiy & Po Hyun Sung & Omer Tamuz & Ben Wincelberg, 2023. "Independence of Irrelevant Decisions in Stochastic Choice," Papers 2312.04827, arXiv.org, revised May 2025.
    4. Paul H. Y. Cheung & Yusufcan Masatlioglu, 2025. "Frame-dependent Random Utility," Papers 2502.00209, arXiv.org.
    5. Xie, Erhao, 2021. "Empirical properties and identification of adaptive learning models in behavioral game theory," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 798-821.
    6. Wilfried Youmbi, 2024. "Nonparametric Analysis of Random Utility Models Robust to Nontransitive Preferences," Papers 2406.13969, arXiv.org.
    7. Jetlir Duraj & Yi-Hsuan Lin, 2022. "Identification and welfare evaluation in sequential sampling models," Theory and Decision, Springer, vol. 92(2), pages 407-431, March.
    8. Shadrack Kipkogei & Ruth Karoney & John Kipkorir Tanui, 2024. "Impact of Cooperative Membership on Tea Marketing Strategies and Farmers’ Income in Kericho, Kenya: Use of Endogenous Switching Approach," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 3156-3173, August.
    9. Edi Karni, 2024. "Irresolute choice behavior," International Journal of Economic Theory, The International Society for Economic Theory, vol. 20(1), pages 70-87, March.
    10. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Aldo Rustichini, 2020. "Multinomial logit processes and preference discovery: inside and outside the black box," Papers 2004.13376, arXiv.org, revised Jan 2021.
    11. Piermont, Evan, 2022. "Disentangling strict and weak choice in random expected utility models," Journal of Economic Theory, Elsevier, vol. 202(C).
    12. Yang, Erya & Kopylov, Igor, 2023. "Random quasi-linear utility," Journal of Economic Theory, Elsevier, vol. 209(C).
    13. D. Pennesi, 2016. "Intertemporal discrete choice," Working Papers wp1061, Dipartimento Scienze Economiche, Universita' di Bologna.
    14. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci, 2020. "Multinomial logit processes and preference discovery: outside and inside the black box," Working Papers 663, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    15. Paramahansa Pramanik & Alan M. Polansky, 2023. "Scoring a Goal Optimally in a Soccer Game Under Liouville-Like Quantum Gravity Action," SN Operations Research Forum, Springer, vol. 4(3), pages 1-39, September.

  3. Drew Fudenberg & Philipp Strack & Tomasz Strzalecki, 2015. "Speed, Accuracy, and the Optimal Timing of Choices," Working Paper 254346, Harvard University OpenScholar.

    Cited by:

    1. Karun Adusumilli, 2022. "How to sample and when to stop sampling: The generalized Wald problem and minimax policies," Papers 2210.15841, arXiv.org, revised May 2025.
    2. Drew Fudenberg & Whitney K. Newey & Philipp Strack & Tomasz Strzalecki, 2019. "Testing the Drift-Diffusion Model," Papers 1908.05824, arXiv.org.
    3. Philippe Jehiel & Jakub Steiner, 2019. "Selective Sampling with Information-Storage Constraints," Working Papers halshs-02183450, HAL.
    4. Nicolas Jacquemet & Stephane Luchini & A. Malézieux & Jason F. Shogren, 2020. "Who’ll stop lying under oath? Empirical evidence from tax evasion games," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-02576845, HAL.
    5. Carlos Alós-Ferrer & Johannes Buckenmaier, 2021. "Cognitive sophistication and deliberation times," Experimental Economics, Springer;Economic Science Association, vol. 24(2), pages 558-592, June.
    6. Mira Frick & Ryota Iijima & Tomasz Strzalecki, 2017. "Dynamic Random Utility," Cowles Foundation Discussion Papers 2092, Cowles Foundation for Research in Economics, Yale University.
    7. Emeric Henry & Marco Loseto & Marco Ottaviani, 2022. "Regulation with Experimentation: Ex Ante Approval, Ex Post Withdrawal, and Liability," SciencePo Working papers Main hal-03874153, HAL.
    8. Uwe Sunde & Dainis Zegners & Anthony Strittmatter, 2022. "Speed, Quality, and the Optimal Timing of Complex Decisions: Field Evidence," Papers 2201.10808, arXiv.org.
    9. Th'eo Durandard & Matteo Camboni, 2024. "Comparative Statics for Optimal Stopping Problems in Nonstationary Environments," Papers 2402.06999, arXiv.org, revised Jul 2024.
    10. Descamps, Ambroise & Massoni, Sébastien & Page, Lionel, 2021. "Learning to hesitate," SocArXiv 6fa5q, Center for Open Science.
    11. Andrew Schotter & Isabel Trevino, 2021. "Is response time predictive of choice? An experimental study of threshold strategies," Experimental Economics, Springer;Economic Science Association, vol. 24(1), pages 87-117, March.
    12. Benjamin Enke & Thomas W. Graeber, 2021. "Cognitive Uncertainty in Intertemporal Choice," CESifo Working Paper Series 9472, CESifo.
    13. Alós-Ferrer, Carlos & Garagnani, Michele, 2021. "Choice consistency and strength of preference," Economics Letters, Elsevier, vol. 198(C).
    14. Geoffrey Fisher, 2023. "Measuring the Factors Influencing Purchasing Decisions: Evidence From Cursor Tracking and Cognitive Modeling," Management Science, INFORMS, vol. 69(8), pages 4558-4578, August.
    15. Alós-Ferrer, Carlos & Mihm, Maximilian, 2025. "A characterization of the Luce choice rule for an arbitrary collection of menus," Journal of Economic Theory, Elsevier, vol. 223(C).
    16. Durandard Th'eo & Strulovici Bruno, 2024. "Existence, uniqueness, and regularity of solutions to nonlinear and non-smooth parabolic obstacle problems," Papers 2404.01498, arXiv.org, revised Aug 2024.
    17. Filip Matejka & Colin Stewart & Jakub Steiner, 2015. "Rational Inattention Dynamics: Inertia and Delay in Decision-Making," 2015 Meeting Papers 307, Society for Economic Dynamics.
    18. Hébert, Benjamin & Woodford, Michael, 2023. "Rational inattention when decisions take time," Journal of Economic Theory, Elsevier, vol. 208(C).
    19. Vicky Henderson & David Hobson & Matthew Zeng, 2023. "Cautious stochastic choice, optimal stopping and deliberate randomization," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 887-922, April.
    20. Yariv, Leeat & Reshidi, Pellumb & Lizzeri, Alessandro & Chan, Jimmy & Suen, Wing, 2021. "Individual and Collective Information Acquisition: An Experimental Study," CEPR Discussion Papers 16782, C.E.P.R. Discussion Papers.
    21. Gabaix, Xavier, 2018. "Behavioral Inattention," CEPR Discussion Papers 13268, C.E.P.R. Discussion Papers.
    22. Alejandro Hirmas & Jan B. Engelmann & Joël van der Weele, 2024. "Individual and contextual effects of attention in risky choice," Experimental Economics, Springer;Economic Science Association, vol. 27(5), pages 1211-1238, November.
    23. Lang, Ruitian, 2019. "Try before you buy: A theory of dynamic information acquisition," Journal of Economic Theory, Elsevier, vol. 183(C), pages 1057-1093.
    24. Carlos Alós-Ferrer & Alexander Ritschel, 2019. "Multiple behavioral rules in Cournot oligopolies," ECON - Working Papers 331, Department of Economics - University of Zurich, revised Jul 2020.
    25. Larry G. Epstein & Shaolin Ji, 2022. "Optimal Learning Under Robustness and Time-Consistency," Operations Research, INFORMS, vol. 70(3), pages 1317-1329, May.
    26. Philippas, Dionisis & Dragomirescu-Gaina, Catalin & Goutte, Stéphane & Nguyen, Duc Khuong, 2021. "Investors’ attention and information losses under market stress," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 1112-1127.
    27. Cary Frydman & Ian Krajbich, 2022. "Using Response Times to Infer Others’ Private Information: An Application to Information Cascades," Management Science, INFORMS, vol. 68(4), pages 2970-2986, April.
    28. Annie Liang & Xiaosheng Mu & Vasilis Syrgkanis, 2021. "Dynamically Aggregating Diverse Information," Working Papers 2021-43, Princeton University. Economics Department..
    29. Annie Liang & Xiaosheng Mu & Vasilis Syrgkanis, 2019. "Dynamically Aggregating Diverse Information," Papers 1910.07015, arXiv.org, revised Apr 2021.
    30. Jetlir Duraj & Yi-Hsuan Lin, 2022. "Identification and welfare evaluation in sequential sampling models," Theory and Decision, Springer, vol. 92(2), pages 407-431, March.
    31. Stephanie M. Smith & Ian Krajbich & Ryan Webb, 2019. "Estimating the dynamic role of attention via random utility," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 5(1), pages 97-111, August.
    32. Duffy, Sean & Gussman, Steven & Smith, John, 2021. "Visual judgments of length in the economics laboratory: Are there brains in stochastic choice?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 93(C).
    33. Th'eo Durandard, 2023. "Dynamic delegation in promotion contests," Papers 2308.05668, arXiv.org.
    34. Duffy, Sean & Smith, John, 2024. "The random thickness of indifference," MPRA Paper 122165, University Library of Munich, Germany.
    35. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Aldo Rustichini, 2020. "Multinomial logit processes and preference discovery: inside and outside the black box," Papers 2004.13376, arXiv.org, revised Jan 2021.
    36. Rastislav Rehak, 2022. "Sequential Sampling Beyond Decisions? A Normative Model of Decision Confidence," CERGE-EI Working Papers wp739, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    37. Fudenberg, Drew & Romanyuk, Gleb & Strack, Philipp, 2017. "Active learning with a misspecified prior," Theoretical Economics, Econometric Society, vol. 12(3), September.
    38. Arkady Konovalov & Ian Krajbich, 2016. "Revealed Indifference: Using Response Times to Infer Preferences," Working Papers 16-01, Ohio State University, Department of Economics.
    39. Zhu, Tiantian & Haugen, Stein & Liu, Yiliu & Yang, Xue, 2023. "A value of prediction model to estimate optimal response time to threats for accident prevention," Reliability Engineering and System Safety, Elsevier, vol. 232(C).
    40. Sean, Duffy & John, Smith, 2023. "Stochastic choice and imperfect judgments of line lengths: What is hiding in the noise?," MPRA Paper 116382, University Library of Munich, Germany.
    41. Thomas Kruse & Philipp Strack, 2014. "An inverse optimal stopping problem for diffusion processes," Papers 1406.0209, arXiv.org, revised Aug 2017.
    42. Huseynov, Samir & Krajbich, Ian & Palma, Marco A., 2018. "No Time to Think: Food Decision-Making under Time Pressure," 2018 Annual Meeting, August 5-7, Washington, D.C. 274135, Agricultural and Applied Economics Association.
    43. Carlo Baldassi & Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Marco Pirazzini, 2020. "A Behavioral Characterization of the Drift Diffusion Model and Its Multialternative Extension for Choice Under Time Pressure," Management Science, INFORMS, vol. 66(11), pages 5075-5093, November.
    44. Duffy, Sean & Smith, John, 2020. "An economist and a psychologist form a line: What can imperfect perception of length tell us about stochastic choice?," MPRA Paper 99417, University Library of Munich, Germany.
    45. Pantelis P. Analytis & Francesco Cerigioni & Alexandros Gelastopoulos & Hrvoje Stojic, 2022. "Sequential choice and selfreinforcing rankings," Economics Working Papers 1819, Department of Economics and Business, Universitat Pompeu Fabra.
    46. Karun Adusumilli, 2023. "Optimal tests following sequential experiments," Papers 2305.00403, arXiv.org, revised Jun 2023.
    47. David J. Cooper & Ian Krajbich & Charles N. Noussair, 2019. "Choice-Process Data in Experimental Economics," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 5(1), pages 1-13, August.
    48. Z. Eddie Ning & J. Miguel Villas-Boas, 2023. "Browse or Experience," Marketing Science, INFORMS, vol. 42(2), pages 336-359, March.
    49. Carlos Alós-Ferrer & Maximilian Mihm, 2021. "Updating stochastic choice," ECON - Working Papers 381, Department of Economics - University of Zurich.
    50. Larry G. Epstein & Shaolin Ji, 2017. "Optimal Learning and Ellsberg’s Urns," Boston University - Department of Economics - Working Papers Series WP2017-010, Boston University - Department of Economics.
    51. Alós-Ferrer, Carlos & Garagnani, Michele, 2022. "The gradual nature of economic errors," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 55-66.
    52. Max R. P. Grossmann, 2025. "Paternalism and Deliberation: An Experiment on Making Formal Rules," Papers 2501.00863, arXiv.org.
    53. Chad Kendall & Ryan Oprea, 2024. "On the complexity of forming mental models," Quantitative Economics, Econometric Society, vol. 15(1), pages 175-211, January.
    54. D. Pennesi, 2016. "Deciding fast and slow," Working Papers wp1082, Dipartimento Scienze Economiche, Universita' di Bologna.
    55. Martin, Daniel & Muñoz-Rodriguez, Edwin, 2022. "Cognitive costs and misperceived incentives: Evidence from the BDM mechanism," European Economic Review, Elsevier, vol. 148(C).
    56. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci, 2020. "Multinomial logit processes and preference discovery: outside and inside the black box," Working Papers 663, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    57. J. Miguel Villas-Boas & Yunfei (Jesse) Yao, 2021. "A Dynamic Model of Optimal Retargeting," Marketing Science, INFORMS, vol. 40(3), pages 428-458, May.

  4. Fudenberg, Drew & Strzalecki, Tomasz, 2015. "Dynamic Logit with Choice Aversion," Scholarly Articles 14397609, Harvard University Department of Economics.

    Cited by:

    1. Piccotti, Louis R., 2024. "Utility-implied term structures of equity risk premia," Economics Letters, Elsevier, vol. 244(C).
    2. Mira Frick & Ryota Iijima & Tomasz Strzalecki, 2017. "Dynamic Random Utility," Cowles Foundation Discussion Papers 2092, Cowles Foundation for Research in Economics, Yale University.
    3. Austin Knies & Jorge Lorca & Emerson Melo, 2020. "A Recursive Logit Model with Choice Aversion and Its Application to Transportation Networks," Papers 2010.02398, arXiv.org, revised Oct 2021.
    4. Jianjun Miao & Hao Xing, 2024. "Dynamic discrete choice under rational inattention," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 77(3), pages 597-652, May.
    5. Ke, T. Tony & Villas-Boas, J. Miguel, 2019. "Optimal learning before choice," Journal of Economic Theory, Elsevier, vol. 180(C), pages 383-437.
    6. Fedor Sandomirskiy & Po Hyun Sung & Omer Tamuz & Ben Wincelberg, 2023. "Independence of Irrelevant Decisions in Stochastic Choice," Papers 2312.04827, arXiv.org, revised May 2025.
    7. Breitmoser, Yves, 2016. "The axiomatic foundation of logit and its relation to behavioral welfare," MPRA Paper 71632, University Library of Munich, Germany.
    8. Jose Apesteguia & Miguel A. Ballester, 2016. "Single-crossing random utility models," Economics Working Papers 1515, Department of Economics and Business, Universitat Pompeu Fabra.
    9. Georgios Gerasimou, 2020. "Decision Conflict, Logit, and the Outside Option," Papers 2008.04229, arXiv.org, revised Nov 2024.
    10. Alós-Ferrer, Carlos & Mihm, Maximilian, 2025. "A characterization of the Luce choice rule for an arbitrary collection of menus," Journal of Economic Theory, Elsevier, vol. 223(C).
    11. Miguel à ngel Ballester & Jose Apesteguia, 2016. "Stochastic Representative Agent," Working Papers 928, Barcelona School of Economics.
    12. Filip Matejka & Colin Stewart & Jakub Steiner, 2015. "Rational Inattention Dynamics: Inertia and Delay in Decision-Making," 2015 Meeting Papers 307, Society for Economic Dynamics.
    13. Li, Shengwu & Yu, Ning Neil, 2018. "Context-dependent choice as explained by foraging theory," Journal of Economic Theory, Elsevier, vol. 175(C), pages 159-177.
    14. Yaron Azrieli & John Rehbeck, 2022. "Marginal stochastic choice," Papers 2208.08492, arXiv.org.
    15. Chabakauri, Georgy & Rytchkov, Oleg, 2020. "Asset pricing with index investing," LSE Research Online Documents on Economics 118895, London School of Economics and Political Science, LSE Library.
    16. Gong, Qingbin & Diao, Xundi, 2023. "The impacts of investor network and herd behavior on market stability: Social learning, network structure, and heterogeneity," European Journal of Operational Research, Elsevier, vol. 306(3), pages 1388-1398.
    17. Doğan, Serhat & Yıldız, Kemal, 2021. "Odds supermodularity and the Luce rule," Games and Economic Behavior, Elsevier, vol. 126(C), pages 443-452.
    18. Knies, Austin & Lorca, Jorge & Melo, Emerson, 2022. "A recursive logit model with choice aversion and its application to transportation networks," Transportation Research Part B: Methodological, Elsevier, vol. 155(C), pages 47-71.
    19. Miguel à ngel Ballester & Jose Apesteguia, 2018. "Separating Predicted Randomness from Noise," Working Papers 1018, Barcelona School of Economics.
    20. Chambers, Christopher P. & Masatlioglu, Yusufcan & Turansick, Christopher, 2024. "Correlated choice," Theoretical Economics, Econometric Society, vol. 19(3), July.
      • Christopher P. Chambers & Yusufcan Masatlioglu & Christopher Turansick, 2021. "Correlated Choice," Papers 2103.05084, arXiv.org, revised Mar 2023.
    21. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Aldo Rustichini, 2020. "Multinomial logit processes and preference discovery: inside and outside the black box," Papers 2004.13376, arXiv.org, revised Jan 2021.
    22. Li, Baibing, 2024. "A new generalized statistical model for continuous decisions under stochastic constraints and bounded rationality," Transportation Research Part B: Methodological, Elsevier, vol. 190(C).
    23. Grabiszewski, Konrad & Horenstein, Alex, 2025. "Understanding dynamic interactions," Games and Economic Behavior, Elsevier, vol. 149(C), pages 96-111.
    24. Pedram Heydari, 2020. "Stochastic choice over menus," Theory and Decision, Springer, vol. 88(2), pages 257-268, March.
    25. Dale O. Stahl, 2017. "Dynamic programming and behavioral rules," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(2), pages 165-174, October.
    26. Chabakauri, Georgy & Rytchkov, Oleg, 2021. "Asset pricing with index investing," LSE Research Online Documents on Economics 105749, London School of Economics and Political Science, LSE Library.
    27. Carlos Alós-Ferrer & Maximilian Mihm, 2021. "Updating stochastic choice," ECON - Working Papers 381, Department of Economics - University of Zurich.
    28. Breitmoser, Yves, 2018. "The Axiomatic Foundation of Logit," Rationality and Competition Discussion Paper Series 78, CRC TRR 190 Rationality and Competition.
    29. D. Pennesi, 2016. "Intertemporal discrete choice," Working Papers wp1061, Dipartimento Scienze Economiche, Universita' di Bologna.
    30. Federico Echenique & Kota Saito, 2019. "General Luce model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 811-826, November.
    31. Jorge Lorca & Emerson Melo, 2020. "Choice Aversion in Directed Networks," Working Papers Central Bank of Chile 879, Central Bank of Chile.
    32. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci, 2020. "Multinomial logit processes and preference discovery: outside and inside the black box," Working Papers 663, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.

  5. Montiel Olea, J. L. & Strzalecki, Tomasz, 2014. "Axiomatization and Measurement of Quasi-Hyperbolic Discounting," Scholarly Articles 12967840, Harvard University Department of Economics.

    Cited by:

    1. Jean-Pierre Drugeon & Thai Ha-Huy, 2023. "An $\alpha$-MaxMin Utility Representation for Close and Distant Future Preferences with Temporal Biases," PSE Working Papers hal-04010969, HAL.
    2. Ha-Huy, Thai, 2019. "Savage's theorem with atoms," MPRA Paper 94516, University Library of Munich, Germany.
    3. Ichiro Obara & Jaeok Park, 2015. "Repeated Games with General Discounting," Working papers 2015rwp-84, Yonsei University, Yonsei Economics Research Institute.
    4. Zhihua Li & Songfa Zhong, 2020. "Reference Dependence in Intertemporal Preference," Discussion Papers 20-01, Department of Economics, University of Birmingham.
    5. Thomas Neukirchen & Matthias Klumpp, 2018. "Logistics Education and Behavioral Training Decisions, Time Distortion, and the Prae Ante View," Logistics, MDPI, vol. 2(4), pages 1-16, October.
    6. Daniele Pennesi, 2017. "Uncertain discount and hyperbolic preferences," Theory and Decision, Springer, vol. 83(3), pages 315-336, October.
    7. Jean-Pierre Drugeon & Thai Ha Huy, 2022. "A not so myopic axiomatization of discounting," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(1), pages 349-376, February.
    8. Minardi, Stefania & Savochkin, Andrei, 2024. "Time for memorable consumption," Games and Economic Behavior, Elsevier, vol. 148(C), pages 296-322.
    9. Jean-Marc Bonnisseau & Alain Chateauneuf & Jean-Pierre Drugeon, 2025. "On the (Ir)Relevance of Discount Factors for Future Allocations of Scarce Resources," PSE Working Papers halshs-04916616, HAL.
    10. Chopra, Felix & Eisenhauer, Philipp & Falk, Armin & Graeber, Thomas W, 2021. "Intertemporal Altruism," IZA Discussion Papers 14059, Institute of Labor Economics (IZA).
    11. Dusoruth, Vaneesha, 2018. "Household Food Waste Generation and Organics Recycling: Too Time Consuming or for the Better [Public] Good?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274132, Agricultural and Applied Economics Association.
    12. Craig Webb, 2016. "Continuous Quasi-Hyperbolic Discounting," Economics Discussion Paper Series 1602, Economics, The University of Manchester.
    13. Drugeon, Jean-Pierre & Ha-Huy, Thai, 2023. "An α-MaxMin utility representation for close and distant future preferences with temporal biases," Journal of Mathematical Economics, Elsevier, vol. 109(C).
    14. Arthur E. Attema & Zhihua Li, 2024. "Reference-dependent discounting," Journal of Risk and Uncertainty, Springer, vol. 69(1), pages 57-83, August.
    15. Yanchun Jin & Ryo Okui, 2020. "Testing for overconfidence statistically: A moment inequality approach," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 35(7), pages 879-892, November.
    16. Garth Heutel, 2024. "Behavioral economics and the evidential defense of welfare economics," Politics, Philosophy & Economics, , vol. 23(4), pages 368-384, November.
    17. Stefan A. Lipman & Arthur E. Attema, 2024. "A systematic review of unique methods for measuring discount rates," Journal of Risk and Uncertainty, Springer, vol. 69(2), pages 145-189, October.
    18. Hannah Van Borm & Ian Burn & Stijn Baert, 2019. "What Does a Job Candidate’s Age Signal to Employers?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 19/984, Ghent University, Faculty of Economics and Business Administration.
    19. Keith Marzilli Ericson & Jawwad Noor, 2015. "Delay Functions as the Foundation of Time Preference: Testing for Separable Discounted Utility," NBER Working Papers 21095, National Bureau of Economic Research, Inc.
    20. Junyi Chai, 2023. "Subjective Happiness in Behavioral Contracts," Journal of Happiness Studies, Springer, vol. 24(7), pages 2245-2260, October.
    21. Bach Dong-Xuan & Philippe Bich & Bertrand Wigniolle, 2025. "Prudent aggregation of quasi-hyperbolic experts," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 79(2), pages 417-444, March.
    22. Christian Moser & Pedro Olea de Souza e Silva, 2019. "Optimal Paternalistic Savings Policies," Opportunity and Inclusive Growth Institute Working Papers 17, Federal Reserve Bank of Minneapolis.
    23. Lorenzo Bastianello & José Heleno Faro, 2023. "Choquet expected discounted utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 1071-1098, May.
    24. David J. Freeman & Kevin Laughren, 2024. "Task completion without commitment," Experimental Economics, Springer;Economic Science Association, vol. 27(2), pages 273-298, April.
    25. Andrea C. Hupman & Jay Simon, 2023. "The Legacy of Peter Fishburn: Foundational Work and Lasting Impact," Decision Analysis, INFORMS, vol. 20(1), pages 1-15, March.
    26. David Freeman, 2016. "Revealing Naïveté and Sophistication from Procrastination and Preproperation," Discussion Papers dp16-11, Department of Economics, Simon Fraser University.
    27. Frikk Nesje & Paolo G. Piacquadio & Paolo Giovanni Piacquadio, 2025. "Intergenerational Discounting and Inequality," CESifo Working Paper Series 11630, CESifo.
    28. Berenice Anne Neumann & Marc Oliver Rieger, 2023. "A new axiomatization of discounted expected utility," Theory and Decision, Springer, vol. 95(4), pages 515-537, November.
    29. Marcus Pivato, 2021. "Intertemporal Choice with Continuity Constraints," Post-Print hal-03637876, HAL.
    30. Sebastian Schweighofer-Kodritsch, 2015. "Time Preferences and Bargaining," STICERD - Theoretical Economics Paper Series /2015/568, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    31. Diego Ubfal, 2013. "How General Are Time Preferences? Eliciting Good-Specific Discount Rates," Working Papers 473, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    32. Königsheim, C. & Lukas, M. & Nöth, M., 2018. "Individual preferences and the exponential growth bias," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 352-369.
    33. Nina Anchugina, 2017. "A simple framework for the axiomatization of exponential and quasi-hyperbolic discounting," Theory and Decision, Springer, vol. 82(2), pages 185-210, February.
    34. Jean-Pierre Drugeon & Thai Ha-Huy, 2018. "Towards a Decomposition for the Future: Closeness, Remoteness & Temporal Biases," Working Papers halshs-01962035, HAL.
    35. Balbus, Łukasz & Reffett, Kevin & Woźny, Łukasz, 2022. "Time-consistent equilibria in dynamic models with recursive payoffs and behavioral discounting," Journal of Economic Theory, Elsevier, vol. 204(C).
    36. Dziewulski, Paweł, 2018. "Revealed time preference," Games and Economic Behavior, Elsevier, vol. 112(C), pages 67-77.
    37. Łukasz Balbus & Anna Jaśkiewicz & Andrzej S. Nowak, 2020. "Markov perfect equilibria in a dynamic decision model with quasi-hyperbolic discounting," Annals of Operations Research, Springer, vol. 287(2), pages 573-591, April.
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  6. Strzalecki, Tomasz, 2014. "Depth of Reasoning and Higher Order Beliefs," Scholarly Articles 14397608, Harvard University Department of Economics.

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    1. Kneeland, Terri, 2016. "Coordination under limited depth of reasoning," Games and Economic Behavior, Elsevier, vol. 96(C), pages 49-64.
    2. Willemien Kets, 2014. "Finite Depth of Reasoning and Equilibrium Play in Games with Incomplete Information," Discussion Papers 1569, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Katharina A. Janezic & Antonio Penta & Larbi Alaoui, 2017. "Reasoning about Others' Reasoning," Working Papers 1003, Barcelona School of Economics.
    4. Davide Cianciaruso & Fabrizio Germano, 2011. "Quotient Spaces of Boundedly Rational Types," Discussion Papers 1539, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    5. Yildiz, Muhamet, 2015. "Invariance to representation of information," Games and Economic Behavior, Elsevier, vol. 94(C), pages 142-156.
    6. Chen, Yi-Chun & Xiong, Siyang, 2013. "The e-mail game phenomenon," Games and Economic Behavior, Elsevier, vol. 80(C), pages 147-156.
    7. Koriyama, Yukio & Ozkes, Ali, 2020. "Inclusive Cognitive Hierarchy," Department for Strategy and Innovation Working Paper Series 09/2020, WU Vienna University of Economics and Business.
    8. K.J.M. De Jaegher, 2015. "Beneficial Long Communication in the Multi-Player Electronic Mail Game," Working Papers 15-09, Utrecht School of Economics.
    9. Vincent P. Crawford & Miguel A. Costa-Gomes & Nagore Iriberri, 2010. "Strategic Thinking," Levine's Working Paper Archive 661465000000001148, David K. Levine.
    10. Miura, Shintaro & Yamashita, Takuro, 2018. "Divergent Interpretation and Divergent Prediction in Communication," TSE Working Papers 18-939, Toulouse School of Economics (TSE).
    11. Kneeland, Terri, 2022. "Mechanism design with level-k types: Theory and an application to bilateral trade," Journal of Economic Theory, Elsevier, vol. 201(C).
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    13. Rosemarie Nagel & Christoph Bühren & Björn Frank, 2016. "Inspired and inspiring: Hervé Moulin and the discovery of the beauty contest game," Economics Working Papers 1539, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2016.
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    18. Trushin, Eshref & Ugur, Mehmet, 2018. "Ecosystem complexity, firm learning and survival: UK evidence on intra-industry age and size diversity as exit hazards," Greenwich Papers in Political Economy 19095, University of Greenwich, Greenwich Political Economy Research Centre.
    19. Willemien Kets, 2012. "Bounded Reasoning and Higher-Order Uncertainty," Discussion Papers 1547, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    20. Georganas, Sotiris & Healy, Paul J. & Weber, Roberto A., 2015. "On the persistence of strategic sophistication," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 369-400.
    21. Shuige Liu, 2024. "Level-$k$ Reasoning, Cognitive Hierarchy, and Rationalizability," Papers 2404.19623, arXiv.org, revised Sep 2024.
    22. Aviad Heifetz & Willemien Kets, 2013. "Robust Multiplicity with a Grain of Naiveté," Discussion Papers 1573, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    23. Vincent P. Crawford & Miguel A. Costa-Gomes & Nagore Iriberri, 2013. "Structural Models of Nonequilibrium Strategic Thinking: Theory, Evidence, and Applications," Journal of Economic Literature, American Economic Association, vol. 51(1), pages 5-62, March.
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    32. Aviad Heifetz & Willemien Kets, 2012. "All Types Naive and Canny," Discussion Papers 1550, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

  7. Epstein, Larry G. & Farhi, Emmanuel & Strzalecki, Tomasz, 2014. "How Much Would You Pay to Resolve Long-Run Risk?," Scholarly Articles 12967842, Harvard University Department of Economics.

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    6. Larry Epstein & Emmanuel Farhi & Tomasz Stralezcki, 2013. "How Much Would You Pay to Resolve Long-Run Risk?," Working Paper 106061, Harvard University OpenScholar.
    7. Koimisis, Georgios & Giannikos, Christos I., 2024. "Inequality, premium and the timing of resolution of uncertainty," Finance Research Letters, Elsevier, vol. 60(C).
    8. Brumm, Johannes & Grill, Michael & Kubler, Felix & Schmedders, Karl, 2015. "Margin regulation and volatility," Journal of Monetary Economics, Elsevier, vol. 75(C), pages 54-68.
    9. Bai, Hang & Zhang, Lu, 2022. "Searching for the equity premium," Journal of Financial Economics, Elsevier, vol. 143(2), pages 897-926.
    10. George M. Constantinides & Anisha Ghosh, 2014. "Asset Pricing with Countercyclical Household Consumption Risk," NBER Working Papers 20110, National Bureau of Economic Research, Inc.
    11. Bostian, AJ A. & Heinzel, Christoph, 2024. "Precautionary saving under recursive preferences," Journal of Economic Behavior & Organization, Elsevier, vol. 228(C).
    12. Christian Gollier, 2021. "The Welfare Cost of Ignoring the Beta," Working Papers 2021.03, Fondazione Eni Enrico Mattei.
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    14. Pierre-Carl Michaud & Pascal St-Amour, 2023. "Longevity, Health and Housing Risks Management in Retirement," CIRANO Working Papers 2023s-07, CIRANO.
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    16. Martin M. Andreasen, 2021. "The New Keynesian Model and Bond Yields," CREATES Research Papers 2021-01, Department of Economics and Business Economics, Aarhus University.
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    55. Mohammed Abdellaoui & Enrico Diecidue & Emmanuel Kemel & Ayse Onculer, 2022. "Temporal Risk: Utility vs. Probability Weighting," Management Science, INFORMS, vol. 68(7), pages 5162-5186, July.
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  8. Strzalecki, Tomasz, 2013. "Temporal Resolution of Uncertainty and Recursive Models of Ambiguity Aversion," Scholarly Articles 12967691, Harvard University Department of Economics.

    Cited by:

    1. Fabrice Collard & Sujoy Mukerji & Kevin Sheppard & Jean-Marc Tallon, 2018. "Ambiguity and the historical equity premium," Post-Print halshs-01886571, HAL.
    2. Gertsman, Gleb, 2023. "Behavioral preferences and beliefs in asset pricing," Other publications TiSEM c7196596-1bf8-47c9-a147-6, Tilburg University, School of Economics and Management.
    3. Lorenzo Maria Stanca, 2023. "Recursive Preferences, Correlation Aversion, and the Temporal Resolution of Uncertainty," Papers 2304.04599, arXiv.org, revised Jan 2025.
    4. Nengjiu Ju & Jianjun Miao, "undated". "Ambiguity, Learning, and Asset Returns," Boston University - Department of Economics - Working Papers Series wp2009-014, Boston University - Department of Economics.
    5. Jesús Fernández-Villaverde & Pablo A. Guerrón-Quintana, 2020. "Uncertainty Shocks and Business Cycle Research," NBER Working Papers 26768, National Bureau of Economic Research, Inc.
    6. Francesco Fabbri & Giulio Principi & Lorenzo Stanca, 2024. "Absolute and Relative Ambiguity Attitudes," Papers 2406.01343, arXiv.org, revised Jun 2024.
    7. Florian Mudekereza, 2025. "Robust Social Planning," Papers 2504.07401, arXiv.org.
    8. Galanis, S., 2019. "Dynamic Consistency, Valuable Information and Subjective Beliefs," Working Papers 19/02, Department of Economics, City University London.
    9. Johannes Buckenmaier & Eugen Dimant & Ann-Christin Posten & Ulrich Schmidt, 2017. "Efficient Institutions and Effective Deterrence: On Timing and Uncertainty of Punishment," PPE Working Papers 0010, Philosophy, Politics and Economics, University of Pennsylvania.
    10. Bergeron, Claude, 2013. "Dividend sensitivity to economic factors, stock valuation, and long-run risk," Finance Research Letters, Elsevier, vol. 10(4), pages 184-195.
    11. Marinacci Massimo & Principi Giulio & Stanca Lorenzo, 2023. "Recursive Preferences and Ambiguity Attitudes," Working papers 082, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    12. Hengjie Ai & Ravi Bansal, 2016. "Risk Preferences and The Macro Announcement Premium," NBER Working Papers 22527, National Bureau of Economic Research, Inc.
    13. Maximilian Blesch & Philipp Eisenhauer, 2021. "Robust decision-making under risk and ambiguity," Papers 2104.12573, arXiv.org, revised Oct 2021.
    14. Pierpaolo Benigno & Salvatore Nisticò, 2012. "International Portfolio Allocation under Model Uncertainty," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(1), pages 144-189, January.
    15. Kochov, Asen & Song, Yangwei, 2022. "Intertemporal Hedging and Trade in Repeated Games with Recursive Utility," Rationality and Competition Discussion Paper Series 361, CRC TRR 190 Rationality and Competition.
    16. Johannes Buckenmaier & Eugen Dimant & Ann-Christin Posten & Ulrich Schmidt, 2021. "Efficient Institutions and Effective Deterrence: On Timing and Uncertainty of Formal Sanctions," ECONtribute Discussion Papers Series 065, University of Bonn and University of Cologne, Germany.
    17. Pierre Collin-Dufresne & Michael Johannes & Lars A. Lochstoer, 2016. "Parameter Learning in General Equilibrium: The Asset Pricing Implications," American Economic Review, American Economic Association, vol. 106(3), pages 664-698, March.
    18. Fabrice Etilé & Pierre-Yves Geoffard, 2020. "Anxiety increases the willingness to be exposed to covid-19 risk among young adults in France," PSE Working Papers hal-03005718, HAL.
    19. de Castro, Luciano I. & Galvao, Antonio F. & Nunes, Daniel da Siva, 2025. "Dynamic economics with quantile preferences," Theoretical Economics, Econometric Society, vol. 20(1), January.
    20. Altug, Sumru & Collard, Fabrice & Cakmakli, Cem & Mukerji, Sujoy & Ozsöylev, Han, 2020. "Ambiguous Business Cycles: A Quantitative Assessment," TSE Working Papers 20-1107, Toulouse School of Economics (TSE).
    21. Arna Olafsson & Michaela Pagel, 2017. "The Ostrich in Us: Selective Attention to Financial Accounts, Income, Spending, and Liquidity," NBER Working Papers 23945, National Bureau of Economic Research, Inc.
    22. Luciano Castro & Antonio F. Galvao, 2022. "Static and dynamic quantile preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 747-779, April.
    23. Shi, Zhan, 2019. "Time-varying ambiguity, credit spreads, and the levered equity premium," Journal of Financial Economics, Elsevier, vol. 134(3), pages 617-646.
    24. Johnson Kakeu, 2023. "Concerns for Long-Run Risks and Natural Resource Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 84(4), pages 1051-1093, April.
    25. Takao Asano & Yusuke Osaki, 2017. "Portfolio Allocation Problems between Risky Ambiguous Assets," KIER Working Papers 975, Kyoto University, Institute of Economic Research.
    26. Schlag, Christian & Thimme, Julian & Weber, Rüdiger, 2021. "Implied volatility duration: A measure for the timing of uncertainty resolution," Journal of Financial Economics, Elsevier, vol. 140(1), pages 127-144.
    27. M. Ali Khan & Metin Uyanık, 2021. "Topological connectedness and behavioral assumptions on preferences: a two-way relationship," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 411-460, March.
    28. Lorenzo Stanca, 2023. "Recursive Preferences, Correlation Aversion, and the Temporal Resolution of Uncertainty," Carlo Alberto Notebooks 693 JEL Classification: C, Collegio Carlo Alberto, revised 2025.
    29. Anastasios G Karantounias, 2018. "Optimal Fiscal Policy with Recursive Preferences," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(4), pages 2283-2317.
    30. Falk, Armin & Zimmermann, Florian, 2016. "Beliefs and Utility: Experimental Evidence on Preferences for Information," IZA Discussion Papers 10172, Institute of Labor Economics (IZA).
    31. Mu Zhang, 2021. "A Theory of Choice Bracketing under Risk," Papers 2102.07286, arXiv.org, revised Aug 2021.
    32. Li, Jian & Zhou, Junjie, 2016. "Blackwell's informativeness ranking with uncertainty-averse preferences," Games and Economic Behavior, Elsevier, vol. 96(C), pages 18-29.
    33. Massimo Marinacci & Giulio Principi & Lorenzo Stanca, 2023. "Recursive Preferences and Ambiguity Attitudes," Papers 2304.06830, arXiv.org, revised Jul 2024.
    34. Epstein Larry G & Seo Kyoungwon, 2011. "Symmetry or Dynamic Consistency?," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-14, June.
    35. Alexander L. Brown & Hwagyun Kim, 2014. "Do Individuals Have Preferences Used in Macro-Finance Models? An Experimental Investigation," Management Science, INFORMS, vol. 60(4), pages 939-958, April.
    36. Simon Quemin, 2017. "Intertemporal abatement decisions under ambiguity aversion in a cap and trade," Working Papers 1703, Chaire Economie du climat.
    37. Cosmin L. Ilut & Martin Schneider, 2022. "Modeling Uncertainty as Ambiguity: a Review," NBER Working Papers 29915, National Bureau of Economic Research, Inc.
    38. Stanca Lorenzo, 2023. "Recursive preferences, correlation aversion, and the temporal resolution of uncertainty," Working papers 080, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    39. Christoph Bühren & Fabian Meier & Marco Pleßner, 2023. "Ambiguity aversion: bibliometric analysis and literature review of the last 60 years," Management Review Quarterly, Springer, vol. 73(2), pages 495-525, June.
    40. Haluk Ergin & Todd Sarver, 2012. "Hidden Actions and Preferences for Timing of Resolution of Uncertainty," Discussion Papers 1567, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    41. Suen, Richard M. H., 2022. "Precautionary Saving Behaviour under Ambiguity," MPRA Paper 114382, University Library of Munich, Germany.
    42. David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2017. "Stochastic Impatience and the Separation of Time and Risk Preferences," PIER Working Paper Archive 20-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 05 Jul 2020.
    43. Schlag, Christian & Thimme, Julian & Weber, Rüdiger, 2020. "Implied Volatility Duration: A measure for the timing of uncertainty resolution," SAFE Working Paper Series 265, Leibniz Institute for Financial Research SAFE.
    44. Li, Jian, 2020. "Preferences for partial information and ambiguity," Theoretical Economics, Econometric Society, vol. 15(3), July.
    45. Meissner, Thomas & Pfeiffer, Philipp, 2022. "Measuring preferences over the temporal resolution of consumption uncertainty," Journal of Economic Theory, Elsevier, vol. 200(C).
    46. Pierre Collin-Dufresne & Michael Johannes & Lars A. Lochstoer, 2013. "Parameter Learning in General Equilibrium: The Asset Pricing Implications," NBER Working Papers 19705, National Bureau of Economic Research, Inc.
    47. Stanca, Lorenzo, 2020. "A simplified approach to subjective expected utility," Journal of Mathematical Economics, Elsevier, vol. 87(C), pages 151-160.
    48. Massimo Marinacci, 2015. "Model Uncertainty," Working Papers 553, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    49. Ravi Bansal & Hengjie Ai, 2016. "Macro Announcement Premium and Risk Preferences," 2016 Meeting Papers 715, Society for Economic Dynamics.
    50. Puhl, Martin & Savor, Pavel & Wilson, Mungo, 2024. "Uncertainty premia for small and large risks," Journal of Banking & Finance, Elsevier, vol. 167(C).
    51. Anna Gumena & Andrei Savochkin, 2012. "Dynamically Stable Preferences," Carlo Alberto Notebooks 263, Collegio Carlo Alberto.
    52. Michael Johannes & Lars Lochstoer & Pierre Collin-Dufresne, 2015. "Parameter Learning in General Equilibrium: The Asset Pricing Implications," 2015 Meeting Papers 647, Society for Economic Dynamics.
    53. Russell Golman & David Hagmann & George Loewenstein, 2017. "Information Avoidance," Journal of Economic Literature, American Economic Association, vol. 55(1), pages 96-135, March.
    54. Martin Dumav, 2021. "Moral Hazard, Dynamic Incentives, and Ambiguous Perceptions," Papers 2110.15229, arXiv.org.
    55. A. Ronald Gallant & Mohammad Jahan-Parvar & Hening Liu, 2015. "Measuring Ambiguity Aversion," Finance and Economics Discussion Series 2015-105, Board of Governors of the Federal Reserve System (U.S.).
    56. Daniele Pennesi, 2013. "Asset Prices in an Ambiguous Economy," Carlo Alberto Notebooks 315, Collegio Carlo Alberto.
    57. Massimo Marinacci & Giulio Principi & Lorenzo Stanca, 2023. "Recursive Preferences and Ambiguity Attitudes," Carlo Alberto Notebooks 695 JEL Classification: C, Collegio Carlo Alberto.
    58. Sumru Altug & Cem Cakmakli & Fabrice Collard & Sujoy Mukerji & Han Ozsoylev, 2020. "Online Appendix to "Ambiguous Business Cycles: A Quantitative Assessment"," Online Appendices 19-269, Review of Economic Dynamics.
    59. Fabrice Etilé & Pierre-Yves Geoffard, 2020. "Anxiety Increases the Willingness the Willingness to Be Exposed to Covid-19 Risk among Young Adults in France," Working Papers halshs-03066539, HAL.
    60. Aurelian DIACONU & Doina AVRAM, 2017. "General Aspects of Risk and Uncertainty in Making Financial – Economic Decisions," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(6), pages 40-50, June.
    61. Juan Carlos CóRdoba & Marla Ripoll, 2017. "Risk Aversion and the Value of Life," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(4), pages 1472-1509.

  9. Strzalecki, Tomasz, 2011. "Probabilistic Sophistication and Variational Preferences," Scholarly Articles 11352635, Harvard University Department of Economics.

    Cited by:

    1. Cerreia-Vioglio, Simone & Maccheroni, Fabio & Marinacci, Massimo & Montrucchio, Luigi, 2012. "Probabilistic sophistication, second order stochastic dominance and uncertainty aversion," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 271-283.
    2. Jingyi Xue, 2020. "Preferences with changing ambiguity aversion," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(1), pages 1-60, February.
    3. Knispel, Thomas & Laeven, Roger J.A. & Svindland, Gregor, 2016. "Robust optimal risk sharing and risk premia in expanding pools," Insurance: Mathematics and Economics, Elsevier, vol. 70(C), pages 182-195.
    4. Grant, Simon & Rich, Patricia & Stecher, Jack, 2022. "Bayes and Hurwicz without Bernoulli," Journal of Economic Theory, Elsevier, vol. 199(C).
    5. Claudia Ravanelli & Gregor Svindland, 2014. "Comonotone Pareto optimal allocations for law invariant robust utilities on L 1," Finance and Stochastics, Springer, vol. 18(1), pages 249-269, January.
    6. Strzalecki, Tomasz & Werner, Jan, 2011. "Efficient Allocations under Ambiguity," Scholarly Articles 11352637, Harvard University Department of Economics.
    7. Liebrich, Felix-Benedikt & Svindland, Gregor, 2019. "Efficient allocations under law-invariance: A unifying approach," Journal of Mathematical Economics, Elsevier, vol. 84(C), pages 28-45.
    8. Laeven, Roger J.A. & Rosazza Gianin, Emanuela & Zullino, Marco, 2024. "Law-invariant return and star-shaped risk measures," Insurance: Mathematics and Economics, Elsevier, vol. 117(C), pages 140-153.
    9. Werner, Jan, 2011. "Risk aversion for variational and multiple-prior preferences," Journal of Mathematical Economics, Elsevier, vol. 47(3), pages 382-390.
    10. Simone Cerreia-Vioglio & Paolo Ghirardato & Fabio Maccheroni & Massimo Marinacci & Marciano Siniscalchi, 2010. "Rational Preferences under Ambiguity," Carlo Alberto Notebooks 169, Collegio Carlo Alberto.
      • Simone Cerreia-Vioglio & Paolo Ghirardato & Fabio Maccheroni & Massimo Marinacci & Marciano Siniscalchi, 2011. "Rational preferences under ambiguity," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(2), pages 341-375, October.
    11. Sergio Almeida & Marcos Rangel, 2016. "Probabilistic Sophistication, Sources Of Uncertainty, And Cognitive Ability: Experimental Evidence," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 131, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].

  10. Strzalecki, Tomasz & Werner, Jan, 2011. "Efficient Allocations under Ambiguity," Scholarly Articles 11352637, Harvard University Department of Economics.

    Cited by:

    1. Piero Gottardi & Jean-Marc Tallon & Paolo Ghirardato, 2009. "Flexible contracts," Carlo Alberto Notebooks 128, Collegio Carlo Alberto, revised 2015.
    2. Galanis, S., 2019. "Dynamic Consistency, Valuable Information and Subjective Beliefs," Working Papers 19/02, Department of Economics, City University London.
    3. Sujoy Mukerji & Han N. Ozsoylev & Jean‐Marc Tallon, 2023. "Trading Ambiguity: A Tale Of Two Heterogeneities," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(3), pages 1127-1164, August.
    4. Luciano de Castro & Alain Chateauneuf, 2011. "Ambiguity aversion and trade," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00685408, HAL.
    5. Mario Ghossoub & Giulio Principi & Ruodu Wang, 2024. "Allocation Mechanisms in Decentralized Exchange Markets with Frictions," Papers 2404.10900, arXiv.org.
    6. Michail Anthropelos & Paul Schneider, 2021. "Optimal Investment and Equilibrium Pricing under Ambiguity," Swiss Finance Institute Research Paper Series 21-78, Swiss Finance Institute.
    7. Liebrich, Felix-Benedikt & Svindland, Gregor, 2019. "Efficient allocations under law-invariance: A unifying approach," Journal of Mathematical Economics, Elsevier, vol. 84(C), pages 28-45.
    8. Araujo A. & Chateauneuf A. & Gama-Torres J. & Novinski R., 2014. "General equilibrium, risk taking and volatility," Working Papers 2014-181, Department of Research, Ipag Business School.
    9. Alain Chateauneuf & Luciano De Castro, 2011. "Ambiguity Aversion and Absence of Trade," Discussion Papers 1535, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    10. Beissner, Patrick & Werner, Jan, 2023. "Optimal allocations with α-MaxMin utilities, Choquet expected utilities, and Prospect Theory," Theoretical Economics, Econometric Society, vol. 18(3), July.
    11. Eisei Ohtaki, 2023. "Optimality in an OLG model with nonsmooth preferences," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(3), pages 611-659, September.
    12. Werner, Jan, 2011. "Risk aversion for variational and multiple-prior preferences," Journal of Mathematical Economics, Elsevier, vol. 47(3), pages 382-390.
    13. Han Ozsoylev & Jan Werner, 2011. "Liquidity and asset prices in rational expectations equilibrium with ambiguous information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(2), pages 469-491, October.
    14. Beissner, Patrick & Riedel, Frank, 2019. "Equilibria Under Knightian Price Uncertainty," Rationality and Competition Discussion Paper Series 142, CRC TRR 190 Rationality and Competition.
    15. Boonen, Tim J. & Jiang, Wenjun, 2022. "Bilateral risk sharing in a comonotone market with rank-dependent utilities," Insurance: Mathematics and Economics, Elsevier, vol. 107(C), pages 361-378.
    16. Ghirardato, Paolo & Siniscalchi, Marciano, 2018. "Risk sharing in the small and in the large," Journal of Economic Theory, Elsevier, vol. 175(C), pages 730-765.
    17. Jan Werner, 2021. "Participation in risk sharing under ambiguity," Theory and Decision, Springer, vol. 90(3), pages 507-519, May.
    18. Patrick Beissner, 2017. "Equilibrium prices and trade under ambiguous volatility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(2), pages 213-238, August.
    19. Chakravarty, Surajeet & Kelsey, David, 2015. "Sharing ambiguous risks," Journal of Mathematical Economics, Elsevier, vol. 56(C), pages 1-8.
    20. Felix-Benedikt Liebrich, 2021. "Risk sharing under heterogeneous beliefs without convexity," Papers 2108.05791, arXiv.org, revised May 2022.
    21. Corbae, Dean & Marimon, Ramon, 2011. "Introduction to Incompleteness and Uncertainty in Economics," Journal of Economic Theory, Elsevier, vol. 146(3), pages 775-784, May.
    22. Lensman, Todd & Troshkin, Maxim, 2022. "Implications of uncertainty for optimal policies," Journal of Economic Theory, Elsevier, vol. 199(C).
    23. Jean-Gabriel Lauzier & Liyuan Lin & Ruodu Wang, 2024. "Optimal sharing, equilibria, and welfare without risk aversion," Papers 2401.03328, arXiv.org, revised Dec 2024.

  11. Tomasz Strzalecki, 2011. "Axiomatic Foundations of Multiplier Preferences," Levine's Working Paper Archive 786969000000000126, David K. Levine.

    Cited by:

    1. Bomin Jiang & Daniel E. Rigobon & Roberto Rigobon, 2021. "From Just in Time, to Just in Case, to Just in Worst-Case: Simple models of a Global Supply Chain under Uncertain Aggregate Shocks," NBER Working Papers 29345, National Bureau of Economic Research, Inc.
    2. Young, Eric R., 2012. "Robust policymaking in the face of sudden stops," Journal of Monetary Economics, Elsevier, vol. 59(5), pages 512-527.
    3. Ian Dew-Becker & Rhys Bidder, 2015. "Long-Run Risk is the Worst-Case Scenario," 2015 Meeting Papers 490, Society for Economic Dynamics.
    4. Woodford, Michael, 2005. "Robustly optimal monetary policy with near-rational expectations," CFS Working Paper Series 2007/12, Center for Financial Studies (CFS).
    5. Madhav Chandrasekher & Mira Frick & Ryota Iijima & Yves Le Yaouanq, 2019. "Dual-self Representations of Ambiguity Preferences," Cowles Foundation Discussion Papers 2180R3, Cowles Foundation for Research in Economics, Yale University, revised Jun 2021.
    6. Lorenzo Maria Stanca, 2023. "Recursive Preferences, Correlation Aversion, and the Temporal Resolution of Uncertainty," Papers 2304.04599, arXiv.org, revised Jan 2025.
    7. Karantounias, Anastasios G., 2023. "Doubts about the model and optimal policy," Journal of Economic Theory, Elsevier, vol. 210(C).
    8. Cerreia-Vioglio, Simone & Maccheroni, Fabio & Marinacci, Massimo & Montrucchio, Luigi, 2012. "Probabilistic sophistication, second order stochastic dominance and uncertainty aversion," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 271-283.
    9. Lena Dräger & Michael J. Lamla & Damjan Pfajfar & Lena Dräger & Michael Lamla, 2022. "The Hidden Heterogeneity of Inflation and Interest Rate Expectations: The Role of Preferences," CESifo Working Paper Series 9637, CESifo.
    10. Hansen, Lars Peter, 2013. "Uncertainty Outside and Inside Economic Models," Nobel Prize in Economics documents 2013-7, Nobel Prize Committee.
    11. Itzhak Gilboa & Andrew Postlewaite & Larry Samuelson & David Schmeidler, 2011. "Economic Models as Analogies, Second Version," PIER Working Paper Archive 12-030, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 31 Jul 2012.
    12. Jianjun Miao & Alejandro Rivera, 2016. "Robust Contracts in Continuous Time," Econometrica, Econometric Society, vol. 84(4), pages 1405-1440, July.
    13. Kim, Dong-Hyuk, 2013. "Optimal choice of a reserve price under uncertainty," International Journal of Industrial Organization, Elsevier, vol. 31(5), pages 587-602.
    14. Rhys M. Bidder & Matthew E. Smith, 2013. "Doubts and Variability: A Robust Perspective on Exotic Consumption Series," Working Paper Series 2013-28, Federal Reserve Bank of San Francisco.
    15. Gadi Barlevy, 2011. "Robustness and Macroeconomic Policy," Annual Review of Economics, Annual Reviews, vol. 3(1), pages 1-24, September.
    16. Jingyi Xue, 2020. "Preferences with changing ambiguity aversion," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(1), pages 1-60, February.
    17. Luo, Yulei & Young, Eric, 2014. "Induced Uncertainty, Market Price of Risk, and the Dynamics of Consumption and Wealth," MPRA Paper 57111, University Library of Munich, Germany.
    18. Gérard Mondello, 2023. "Information Source's Reliability," GREDEG Working Papers 2023-18, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    19. Feng, Yang & Siu, Tak Kuen & Zhu, Jinxia, 2025. "How might model uncertainty and transaction costs impact retained earning & dividend strategies? An examination through a classical insurance risk model," Insurance: Mathematics and Economics, Elsevier, vol. 120(C), pages 131-158.
    20. Florian Mudekereza, 2025. "Robust Social Planning," Papers 2504.07401, arXiv.org.
    21. Claudio A. Bonilla & Pablo A. Gutiérrez Cubillos, 2021. "The effects of ambiguity on entrepreneurship," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(1), pages 63-80, February.
    22. Edouard Djeutem & Ken Kasa, 2012. "Robustness and Exchange Rate Volatility," Discussion Papers dp12-01, Department of Economics, Simon Fraser University.
    23. Agarwal, Vikas & Arisoy, Y. Eser & Naik, Narayan Y., 2015. "Volatility of aggregate volatility and hedge funds returns," CFR Working Papers 15-03, University of Cologne, Centre for Financial Research (CFR).
    24. Faro, José Heleno, 2011. "Variational Bewley Preferences," Insper Working Papers wpe_258, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    25. Alfonso Maselli, 2025. "Misspecification Averse Preferences," PIER Working Paper Archive 25-010, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    26. Marciano Siniscalchi, 2007. "Vector Expected Utility and Attitudes toward Variation," Discussion Papers 1455, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    27. Bassanin, Marzio & Faia, Ester & Patella, Valeria, 2021. "Ambiguity attitudes and the leverage cycle," Journal of International Economics, Elsevier, vol. 129(C).
    28. Anat Bracha & Donald J. Brown, 2008. "Affective Decision Making and the Ellsberg Paradox," Cowles Foundation Discussion Papers 1667R, Cowles Foundation for Research in Economics, Yale University, revised Aug 2008.
    29. Faia, Ester & Fuster, Andreas & Pezone, Vincenzo & Zafar, Basit, 2024. "Biases in information selection and processing: Survey evidence from the pandemic," Other publications TiSEM 6a968e65-aa7e-4929-bba2-e, Tilburg University, School of Economics and Management.
    30. Knispel, Thomas & Laeven, Roger J.A. & Svindland, Gregor, 2016. "Robust optimal risk sharing and risk premia in expanding pools," Insurance: Mathematics and Economics, Elsevier, vol. 70(C), pages 182-195.
    31. Paolo Ghirardato & Daniele Pennesi, 2023. "Randomizing without randomness," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 1009-1037, May.
    32. Saghafian, Soroush, 2018. "Ambiguous partially observable Markov decision processes: Structural results and applications," Journal of Economic Theory, Elsevier, vol. 178(C), pages 1-35.
    33. Dong, Xueqi, 2021. "Uncertainty Aversion and Convexity in Portfolio Choice," MPRA Paper 108264, University Library of Munich, Germany.
    34. Hirano, Keisuke & Porter, Jack R., 2020. "Asymptotic analysis of statistical decision rules in econometrics," Handbook of Econometrics, in: Steven N. Durlauf & Lars Peter Hansen & James J. Heckman & Rosa L. Matzkin (ed.), Handbook of Econometrics, edition 1, volume 7, chapter 0, pages 283-354, Elsevier.
    35. Hengjie Ai & Ravi Bansal, 2016. "Risk Preferences and The Macro Announcement Premium," NBER Working Papers 22527, National Bureau of Economic Research, Inc.
    36. Éric André, 2014. "Crisp Fair Gambles," AMSE Working Papers 1410, Aix-Marseille School of Economics, France, revised 15 Mar 2014.
    37. Kartik Anand & Ben R. Craig & Goetz von Peter, 2014. "Filling in the Blanks: Network Structure and Interbank Contagion," Working Papers (Old Series) 1416, Federal Reserve Bank of Cleveland.
    38. Demian Pouzo & Ignacio Presno, 2015. "Sovereign Default Risk and Uncertainty Premia," Papers 1512.06960, arXiv.org.
    39. Simon Grant & Patricia Rich & Jack Stecher, 2021. "Objective and subjective rationality and decisions with the best and worst case in mind," Theory and Decision, Springer, vol. 90(3), pages 309-320, May.
    40. Anastasios Xepapadeas & Catarina Roseta-Palma, 2013. "Instabilities and robust control in natural resource management," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 12(3), pages 161-180, December.
    41. Michail Anthropelos & Paul Schneider, 2021. "Optimal Investment and Equilibrium Pricing under Ambiguity," Swiss Finance Institute Research Paper Series 21-78, Swiss Finance Institute.
    42. Laurent Denant-Boèmont & Olivier L’haridon, 2013. "La rationalité à l'épreuve de l'économie comportementale," Post-Print halshs-00921070, HAL.
    43. Marcos Chamon & Francisco Roldán, 2023. "Sovereign Debt Tolerance with Potentially Permanent Costs of Default," Working Papers 296, Red Nacional de Investigadores en Economía (RedNIE).
    44. Lanier, Joshua, 2020. "Risk, ambiguity, and Giffen assets," Journal of Economic Theory, Elsevier, vol. 186(C).
    45. Nabil I. Al-Najjar & Luciano De Castro, 2010. "Prediction Markets to Forecast Electricity Demand," Discussion Papers 1529, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    46. Kenneth Kasa, 2012. "A Behavioral Defense of Rational Expectations," Discussion Papers dp12-05, Department of Economics, Simon Fraser University.
    47. ,, 2016. "Objective rationality and uncertainty averse preferences," Theoretical Economics, Econometric Society, vol. 11(2), May.
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    Cited by:

    1. Madhav Chandrasekher & Mira Frick & Ryota Iijima & Yves Le Yaouanq, 2019. "Dual-self Representations of Ambiguity Preferences," Cowles Foundation Discussion Papers 2180R3, Cowles Foundation for Research in Economics, Yale University, revised Jun 2021.
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    8. Giuseppe Lopomo & Luca Rigotti & Chris Shannon, 2021. "Uncertainty in Mechanism Design," Papers 2108.12633, arXiv.org.
    9. Sujoy Mukerji & Han N. Ozsoylev & Jean‐Marc Tallon, 2023. "Trading Ambiguity: A Tale Of Two Heterogeneities," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(3), pages 1127-1164, August.
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    15. Araujo, Aloisio & Chateauneuf, Alain & Faro, José Heleno, 2018. "Financial market structures revealed by pricing rules: Efficient complete markets are prevalent," Journal of Economic Theory, Elsevier, vol. 173(C), pages 257-288.
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    17. Eran Hanany & Peter Klibanoff & Sujoy Mukerji, 2020. "Incomplete Information Games with Ambiguity Averse Players," American Economic Journal: Microeconomics, American Economic Association, vol. 12(2), pages 135-187, May.
    18. Wakker, Peter P. & Yang, Jingni, 2019. "A powerful tool for analyzing concave/convex utility and weighting functions," Journal of Economic Theory, Elsevier, vol. 181(C), pages 143-159.
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    20. Luciano De Castro & Nicholas C. Yannelis, 2011. "Ambiguity aversion solves the conflict between efficiency and incentive compatibility," Economics Discussion Paper Series 1106, Economics, The University of Manchester.
    21. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Luigi Montrucchio, 2008. "Uncertainty Averse Preferences," Carlo Alberto Notebooks 77, Collegio Carlo Alberto.
    22. Luca Rigotti & Matthew Ryan & Rhema Vaithianathan, 2011. "Optimism and firm formation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(1), pages 1-38, January.
    23. Strzalecki, Tomasz & Werner, Jan, 2011. "Efficient Allocations under Ambiguity," Scholarly Articles 11352637, Harvard University Department of Economics.
    24. Victor Filipe Martins da Rocha, 2010. "Interim efficiency with MEU-preferences," Post-Print hal-01413020, HAL.
    25. Araujo A. & Chateauneuf A. & Gama-Torres J. & Novinski R., 2014. "General equilibrium, risk taking and volatility," Working Papers 2014-181, Department of Research, Ipag Business School.
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    27. Nabil I. Al-Najjar & Luciano De Castro, 2010. "Uncertainty, Efficiency and Incentive Compatibility," Discussion Papers 1532, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    28. Alain Chateauneuf & Luciano De Castro, 2011. "Ambiguity Aversion and Absence of Trade," Discussion Papers 1535, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    29. Galanis, Spyros, 2018. "Speculation under unawareness," Games and Economic Behavior, Elsevier, vol. 109(C), pages 598-615.
    30. Antoine Billot & Sujoy Mukerji & Jean-Marc Tallon, 2020. "Market Allocations under Ambiguity: A Survey," PSE-Ecole d'économie de Paris (Postprint) halshs-02495663, HAL.
    31. Faias, Marta & Torres-Martínez, Juan Pablo, 2017. "Credit market segmentation, essentiality of commodities, and supermodularity," Journal of Mathematical Economics, Elsevier, vol. 70(C), pages 115-122.
    32. Kajii, Atsushi & Ui, Takashi, 2009. "Interim efficient allocations under uncertainty," Journal of Economic Theory, Elsevier, vol. 144(1), pages 337-353, January.
    33. Eisei Ohtaki, 2023. "Optimality in an OLG model with nonsmooth preferences," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(3), pages 611-659, September.
    34. Beißner, Patrick & Riedel, Frank, 2016. "Knight-Walras equilibria," Center for Mathematical Economics Working Papers 558, Center for Mathematical Economics, Bielefeld University.
    35. Mark Whitmeyer, 2025. "Comparative Statics for the Subjective," Papers 2501.12926, arXiv.org, revised May 2025.
    36. Correia-da-Silva, João, 2015. "Generic non-existence of general equilibrium with EUU preferences under extreme ambiguity," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 185-191.
    37. Aloisio Araujo & Alain Chateauneuf & Juan Pablo Gama & Rodrigo Novinski, 2018. "General Equilibrium With Uncertainty Loving Preferences," PSE-Ecole d'économie de Paris (Postprint) hal-03252360, HAL.
    38. Hill, Brian, 2016. "Incomplete preferences and confidence," Journal of Mathematical Economics, Elsevier, vol. 65(C), pages 83-103.
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    41. Beissner, Patrick & Riedel, Frank, 2019. "Equilibria Under Knightian Price Uncertainty," Rationality and Competition Discussion Paper Series 142, CRC TRR 190 Rationality and Competition.
    42. Philipp Karl ILLEDITSCH, 2009. "Ambiguous Information, Risk Aversion, and Asset Pricing," 2009 Meeting Papers 802, Society for Economic Dynamics.
    43. Rose-Anne Dana & Cuong Le Van, 2010. "Overlapping risk adjusted sets of priors and the existence of efficient allocations and equilibria with short-selling," Post-Print halshs-00470670, HAL.
    44. Rose-Anne Dana & Cuong Le Van, 2008. "No-arbitrage, overlapping sets of priors and the existence of efficient allocations and equilibria in the presence of risk and ambiguity," Documents de travail du Centre d'Economie de la Sorbonne b08039, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, revised Nov 2009.
    45. Cerreia-Vioglio, S. & Maccheroni, F. & Marinacci, M. & Rustichini, A., 2015. "The structure of variational preferences," Journal of Mathematical Economics, Elsevier, vol. 57(C), pages 12-19.
    46. Chiaki Hara, 2023. "Arrow-Pratt-Type Measure of Ambiguity Aversion," KIER Working Papers 1097, Kyoto University, Institute of Economic Research.
    47. Lopomo, Giuseppe & Rigotti, Luca & Shannon, Chris, 2011. "Knightian uncertainty and moral hazard," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1148-1172, May.
    48. Renou, Ludovic & Schlag, Karl H., 2014. "Ordients: Optimization and comparative statics without utility functions," Journal of Economic Theory, Elsevier, vol. 154(C), pages 612-632.
    49. Robert G. Chambers & Tigran Melkonyan & John Quiggin, 2022. "Incomplete preferences, willingness to pay, and willingness to accept," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(3), pages 727-761, October.
    50. Carole Bernard & Shaolin Ji & Weidong Tian, 2013. "An optimal insurance design problem under Knightian uncertainty," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 36(2), pages 99-124, November.
    51. Ghirardato, Paolo & Siniscalchi, Marciano, 2018. "Risk sharing in the small and in the large," Journal of Economic Theory, Elsevier, vol. 175(C), pages 730-765.
    52. Jan Werner, 2021. "Participation in risk sharing under ambiguity," Theory and Decision, Springer, vol. 90(3), pages 507-519, May.
    53. Leandro Nascimento & Gil Riella, 2008. "A Class of Incomplete and Ambiguity Averse Preferences," Working Papers Series 180, Central Bank of Brazil, Research Department.
    54. Patrick Beissner, 2017. "Equilibrium prices and trade under ambiguous volatility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(2), pages 213-238, August.
    55. Carlier, G. & Dana, R.-A., 2013. "Pareto optima and equilibria when preferences are incompletely known," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1606-1623.
    56. Federico Echenique & Farzad Pourbabaee, 2024. "Individual and Collective Welfare in Risk Sharing with Many States," Papers 2401.07337, arXiv.org, revised Jun 2024.
    57. Ludovic Renou & Karl H. Schlag, 2009. "From Ordients to Optimization: Substitution Effects without Differentiability," Discussion Papers in Economics 09/6, Division of Economics, School of Business, University of Leicester.
    58. Araujo, Aloisio & da Silva, Pietro & Faro, José Heleno, 2016. "Ambiguity aversion in the long run: “To disagree, we must also agree”," Journal of Economic Theory, Elsevier, vol. 165(C), pages 242-256.
    59. Tian, Dejian & Tian, Weidong, 2014. "Optimal risk-sharing under mutually singular beliefs," Mathematical Social Sciences, Elsevier, vol. 72(C), pages 41-49.
    60. Galanis, Spyros, 2018. "Financial complexity and trade," Games and Economic Behavior, Elsevier, vol. 112(C), pages 219-230.
    61. Rose-Anne Dana & Cuong Le Van, 2010. "Overlapping risk adjusted sets of priors and the existence of efficient allocations and equilibria with short-selling," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00470670, HAL.
    62. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci, 2015. "On the equality of Clarke-Rockafellar and Greenberg-Pierskalla differentials for monotone and quasiconcave functionals," Working Papers 561, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    63. De Castro, Luciano & Yannelis, Nicholas C., 2018. "Uncertainty, efficiency and incentive compatibility: Ambiguity solves the conflict between efficiency and incentive compatibility," Journal of Economic Theory, Elsevier, vol. 177(C), pages 678-707.
    64. Chateauneuf, Alain & Qu, Xiangyu & Ventura, Caroline & Vergopoulos, Vassili, 2024. "Robust α-maxmin representations," Journal of Mathematical Economics, Elsevier, vol. 114(C).
    65. Dominiak, Adam & Eichberger, Jürgen & Lefort, Jean-Philippe, 2012. "Agreeable trade with optimism and pessimism," Mathematical Social Sciences, Elsevier, vol. 64(2), pages 119-126.
    66. Rose-Anne Dana & Cuong Le Van, 2010. "Overlapping risk adjusted sets of priors and the existence of efficient allocations and equilibria with short-selling," PSE-Ecole d'économie de Paris (Postprint) halshs-00470670, HAL.
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    68. Lensman, Todd & Troshkin, Maxim, 2022. "Implications of uncertainty for optimal policies," Journal of Economic Theory, Elsevier, vol. 199(C).
    69. Araujo, A. & Gama, J. & Suarez, C.E., 2022. "Lack of prevalence of the endowment effect: An equilibrium analysis," Journal of Mathematical Economics, Elsevier, vol. 102(C).
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  13. Platteau, Jean-Philippe & Strzalecki, Tomasz, 2004. "Collective Action, Heterogeneous Loyalties and Path Dependence: Micro-evidence from Senegal," Scholarly Articles 14425933, Harvard University Department of Economics.

    Cited by:

    1. Arianna Dal Forno & Ugo Merlone, 2019. "Heterogeneous Society in Binary Choices with Externalities," Dynamic Games and Applications, Springer, vol. 9(2), pages 433-457, June.

  14. Simon Grant & Ben Polak & Tomasz Strzalecki, "undated". "Second-Order Expected Utility," Working Paper 8340, Harvard University OpenScholar.

    Cited by:

    1. Cerreia-Vioglio, Simone & Maccheroni, Fabio & Marinacci, Massimo & Montrucchio, Luigi, 2012. "Probabilistic sophistication, second order stochastic dominance and uncertainty aversion," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 271-283.
    2. Beggs, Alan, 2021. "Games with second-order expected utility," Games and Economic Behavior, Elsevier, vol. 130(C), pages 569-590.
    3. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2011. "Optimism and Pessimism with Expected Utility, Third Version," PIER Working Paper Archive 13-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 26 Dec 2012.
    4. Nabil I. Al-Najjar & Luciano De Castro, 2010. "Prediction Markets to Forecast Electricity Demand," Discussion Papers 1529, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    5. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2013. "Optimism and Pessimism with Expected Utility, Fifth Version," PIER Working Paper Archive 15-009, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 23 Feb 2015.
    6. Burkovskaya, Anastasia & Li, Jian, 2020. "Comparative Profitability of Product Disclosure Statements," Working Papers 2020-01, University of Sydney, School of Economics.
    7. Faro, José Heleno, 2015. "Variational Bewley preferences," Journal of Economic Theory, Elsevier, vol. 157(C), pages 699-729.
    8. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2017. "Optimism and Pessimism with Expected Utility," Journal of the European Economic Association, European Economic Association, vol. 15(5), pages 1158-1175.
    9. Li, Jian & Zhou, Junjie, 2020. "Information order in monotone decision problems under uncertainty," Journal of Economic Theory, Elsevier, vol. 187(C).
    10. Paolo Ghirardato & Daniele Pennesi, 2018. "A general theory of subjective mixtures," Carlo Alberto Notebooks 573, Collegio Carlo Alberto, revised 2020.
    11. Li, Jian & Zhou, Junjie, 2016. "Blackwell's informativeness ranking with uncertainty-averse preferences," Games and Economic Behavior, Elsevier, vol. 96(C), pages 18-29.
    12. Stanca, Lorenzo, 2020. "A simplified approach to subjective expected utility," Journal of Mathematical Economics, Elsevier, vol. 87(C), pages 151-160.
    13. Mark Schneider & Manuel Nunez, 2016. "Mean-Dispersion Preferences with a Specific Dispersion Function," Working Papers 16-10, Chapman University, Economic Science Institute.
    14. Jaromír Kovářík & Dan Levin & Tao Wang, 2016. "Ellsberg paradox: Ambiguity and complexity aversions compared," Journal of Risk and Uncertainty, Springer, vol. 52(1), pages 47-64, February.
    15. Stanca, Lorenzo, 2021. "Smooth aggregation of Bayesian experts," Journal of Economic Theory, Elsevier, vol. 196(C).
    16. Nabil I. Al-Najjar & Luciano De Castro, 2010. "Observability and “Second-Order Acts"," Discussion Papers 1531, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    17. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2011. "Optimism and Pessimism with Expected Utility, Fourth Version," PIER Working Paper Archive 13-068, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Nov 2013.
    18. William Neilson, 2010. "A simplified axiomatic approach to ambiguity aversion," Journal of Risk and Uncertainty, Springer, vol. 41(2), pages 113-124, October.
    19. Nunez, Manuel & Schneider, Mark, 2019. "Mean-dispersion preferences with a specific dispersion function," Journal of Mathematical Economics, Elsevier, vol. 84(C), pages 195-206.
    20. Alexander Peysakhovich & Uma R. Karmarkar, 2016. "Asymmetric Effects of Favorable and Unfavorable Information on Decision Making Under Ambiguity," Management Science, INFORMS, vol. 62(8), pages 2163-2178, August.
    21. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2011. "Optimism and Pessimism with Expected Utility, Second Version," PIER Working Paper Archive 12-031, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 10 Aug 2012.
    22. Victor Filipe Martins da Rocha & Rafael Mouallem, 2020. "Second-Order Beliefs and Second-Order Expected Utility," Working Papers hal-02922263, HAL.

  15. Drew Fudenberg & Ryota Iijima & Tomasz Strzalecki, "undated". "Stochastic Choice and Revealed Perturbed Utility," Working Paper 136731, Harvard University OpenScholar.

    Cited by:

    1. Mogens Fosgerau & Julien Monardo & André de Palma, 2024. "The Inverse Product Differentiation Logit Model," American Economic Journal: Microeconomics, American Economic Association, vol. 16(4), pages 329-370, November.
    2. Mogens Fosgerau & André de Palma, 2016. "Generalized entropy models," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01291347, HAL.
    3. Pawel Dziewulski & Roy Allen & John Rehbeck, 2021. "Revealed statistical consumer theory," Working Paper Series 0221, Department of Economics, University of Sussex Business School.
    4. Echenique, Federico & Saito, Kota & Tserenjigmid, Gerelt, 2018. "The perception-adjusted Luce model," Mathematical Social Sciences, Elsevier, vol. 93(C), pages 67-76.
    5. Mogens Fosgerau & Dennis Kristensen, 2021. "Identification of a class of index models: A topological approach," The Econometrics Journal, Royal Economic Society, vol. 24(1), pages 121-133.
    6. Fosgerau, Mogens & de Palma, André, 2015. "Demand systems for market shares," MPRA Paper 62106, University Library of Munich, Germany.
    7. Victor H. Aguiar & Maria Jose Boccardi & Nail Kashaev & Jeongbin Kim, 2018. "Random Utility and Limited Consideration," Papers 1812.09619, arXiv.org, revised Jul 2022.
    8. Caroline Le Pennec & Vincent Pons, 2023. "How do Campaigns Shape Vote Choice? Multicountry Evidence from 62 Elections and 56 TV Debates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 138(2), pages 703-767.
    9. Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2019. "Deliberately Stochastic," American Economic Review, American Economic Association, vol. 109(7), pages 2425-2445, July.
      • Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2012. "Deliberately Stochastic," PIER Working Paper Archive 17-013, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 May 2017.
    10. Breitmoser, Yves, 2017. "Discrete Choice with Presentation Effects," Rationality and Competition Discussion Paper Series 35, CRC TRR 190 Rationality and Competition.
    11. Sara Arts & Qiyan Ong & Jianying Qiu, 2024. "Measuring decision confidence," Experimental Economics, Springer;Economic Science Association, vol. 27(3), pages 582-603, July.
    12. Roy Allen & John Rehbeck, 2020. "Identification of Random Coefficient Latent Utility Models," Papers 2003.00276, arXiv.org.
    13. Wei Ma, 2017. "Perturbed Utility and General Equilibrium Analysis," Working Papers 201701, University of Pretoria, Department of Economics.
    14. Jose Apesteguia & Miguel A. Ballester, 2016. "Single-crossing random utility models," Economics Working Papers 1515, Department of Economics and Business, Universitat Pompeu Fabra.
    15. Hwang, Sung-Ha & Rey-Bellet, Luc, 2021. "Positive feedback in coordination games: Stochastic evolutionary dynamics and the logit choice rule," Games and Economic Behavior, Elsevier, vol. 126(C), pages 355-373.
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    17. John K. -H. Quah & Gerelt Tserenjigmid, 2022. "Price Heterogeneity as a source of Heterogenous Demand," Papers 2201.03784, arXiv.org, revised Feb 2025.
    18. Mogens Fosgerau & Mads Paulsen & Thomas Kj{ae}r Rasmussen, 2021. "A perturbed utility route choice model," Papers 2103.13784, arXiv.org, revised Sep 2021.
    19. Dwenger, Nadja & Kübler, Dorothea & Weizsäcker, Georg, 2018. "Flipping a coin: Evidence from university applications," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 167, pages 240-250.
    20. Roy Allen & John Rehbeck, 2023. "Revealed stochastic choice with attributes," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(1), pages 91-112, January.
    21. Dwenger, Nadja & Kübler, Dorothea & Weizsäcker, Georg, 2014. "Flipping a coin: Theory and evidence," Discussion Papers, Research Unit: Market Behavior SP II 2013-201r, WZB Berlin Social Science Center.
    22. Zhenzhen Yan & Karthik Natarajan & Chung Piaw Teo & Cong Cheng, 2022. "A Representative Consumer Model in Data-Driven Multiproduct Pricing Optimization," Management Science, INFORMS, vol. 68(8), pages 5798-5827, August.
    23. Miguel à ngel Ballester & Jose Apesteguia, 2016. "Stochastic Representative Agent," Working Papers 928, Barcelona School of Economics.
    24. Bhattacharya, Mihir & Mukherjee, Saptarshi & Sonal, Ruhi, 2020. "Consumer equilibrium, random choice and hemi-Bayesian revision rule," Economics Letters, Elsevier, vol. 193(C).
    25. Wolitzky, Alexander, 2016. "Mechanism design with maxmin agents: theory and an application to bilateral trade," Theoretical Economics, Econometric Society, vol. 11(3), September.
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    27. Emerson Melo, 2021. "Learning in Random Utility Models Via Online Decision Problems," Papers 2112.10993, arXiv.org, revised Aug 2022.
    28. Yaron Azrieli & John Rehbeck, 2022. "Marginal stochastic choice," Papers 2208.08492, arXiv.org.
    29. Efe A. Ok & Gerelt Tserenjigmid, 2023. "Measuring Stochastic Rationality," Papers 2303.08202, arXiv.org, revised Dec 2023.
    30. Masatlioglu, Yusufcan & Vu, Tri Phu, 2024. "Growing attention," Journal of Economic Theory, Elsevier, vol. 222(C).
    31. Simone Galperti & Francesco Cerigioni, 2021. "Listing Specs: The Effect of Framing Attributes on Choice," Working Papers 1247, Barcelona School of Economics.
    32. Daniele Caliari, 2024. "Imperfect discrimination, similarity, and stochastic transitivity," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 12(2), pages 199-209, December.
    33. Mihir Bhattacharya & Saptarshi Mukherjee & Ruhi Sonal, 2019. "Attention and Framing," Working Papers 18, Ashoka University, Department of Economics.
    34. Matias D. Cattaneo & Xinwei Ma & Yusufcan Masatlioglu & Elchin Suleymanov, 2017. "A Random Attention Model," Papers 1712.03448, arXiv.org, revised Aug 2019.
    35. Yilie Huang & Yanwei Jia & Xun Yu Zhou, 2024. "Mean--Variance Portfolio Selection by Continuous-Time Reinforcement Learning: Algorithms, Regret Analysis, and Empirical Study," Papers 2412.16175, arXiv.org.
    36. Christopher P. Chambers & Yusufcan Masatlioglu & Christopher Turansick, 2025. "Revealed Social Networks," Papers 2501.02609, arXiv.org, revised Jun 2025.
    37. Edi Karni, 2022. "Incomplete risk attitudes and random choice behavior: an elicitation mechanism," Theory and Decision, Springer, vol. 92(3), pages 677-687, April.
    38. Emerson Melo, 2021. "Learning In Random Utility Models Via Online Decision Problems," CAEPR Working Papers 2022-003 Classification-D, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    39. Wakker, Peter P. & Yang, Jingni, 2021. "Concave/convex weighting and utility functions for risk: A new light on classical theorems," Insurance: Mathematics and Economics, Elsevier, vol. 100(C), pages 429-435.
    40. Somdeb Lahiri, 2025. "Numerical Representation of Preferences over Random Availability Functions," Papers 2504.18863, arXiv.org, revised May 2025.
    41. Victor H. Aguiar & Nail Kashaev, 2025. "Identification and Estimation of Discrete Choice Models with Unobserved Choice Sets," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 43(1), pages 204-215, January.
    42. Drew Fudenberg & David K Levine, 2016. "Whither Game Theory?," Levine's Working Paper Archive 786969000000001307, David K. Levine.
    43. Yanqiu Ruan & Xiaobo Li & Karthyek Murthy & Karthik Natarajan, 2022. "A Nonparametric Approach with Marginals for Modeling Consumer Choice," Papers 2208.06115, arXiv.org, revised Apr 2025.
    44. Daniele Caliari & Henrik Petri, 2025. "The Luce Model, Regularity, and Choice Overload," Papers 2502.21063, arXiv.org.
    45. Heydari, Pedram, 2021. "Luce arbitrates: Stochastic resolution of inner conflicts," Games and Economic Behavior, Elsevier, vol. 126(C), pages 33-74.
    46. Gerelt Tserenjigmid, 2021. "The Order-Dependent Luce Model," Management Science, INFORMS, vol. 67(11), pages 6915-6933, November.
    47. Caliari, Daniele, 2023. "Rationality is not consistency," Discussion Papers, Research Unit: Economics of Change SP II 2023-304, WZB Berlin Social Science Center.
    48. Steverson, Kai & Brandenburger, Adam & Glimcher, Paul, 2019. "Choice-theoretic foundations of the divisive normalization model," Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 148-165.
    49. Deb, Joyee & Zhou, Jidong, 2018. "Reference Dependence and Choice Overload," MPRA Paper 86261, University Library of Munich, Germany.
    50. Wei Ma, 2023. "Random dual expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(2), pages 293-315, February.
    51. Mattsson, Lars-Göran & Weibull, Jörgen W., 2023. "An analytically solvable principal-agent model," Games and Economic Behavior, Elsevier, vol. 140(C), pages 33-49.
    52. Jose Apesteguia & Miguel A. Ballester, 2022. "Choice-based foundations of ordered logit," Economics Working Papers 1822, Department of Economics and Business, Universitat Pompeu Fabra.
    53. Duffy, Sean & Gussman, Steven & Smith, John, 2021. "Visual judgments of length in the economics laboratory: Are there brains in stochastic choice?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 93(C).
    54. Miguel à ngel Ballester & Jose Apesteguia, 2018. "Separating Predicted Randomness from Noise," Working Papers 1018, Barcelona School of Economics.
    55. Ma, Wei, 2017. "Perturbed utility and general equilibrium analysis," Journal of Mathematical Economics, Elsevier, vol. 73(C), pages 122-131.
    56. Edi Karni, 2024. "Irresolute choice behavior," International Journal of Economic Theory, The International Society for Economic Theory, vol. 20(1), pages 70-87, March.
    57. Roy Allen & John Rehbeck, 2021. "A Generalization of Quantal Response Equilibrium via Perturbed Utility," Games, MDPI, vol. 12(1), pages 1-16, March.
    58. Aguiar, Victor H., 2017. "Random categorization and bounded rationality," Economics Letters, Elsevier, vol. 159(C), pages 46-52.
    59. Flynn, Joel P. & Sastry, Karthik A., 2023. "Strategic mistakes," Journal of Economic Theory, Elsevier, vol. 212(C).
    60. Yosuke Hashidate, 2018. "Preferences for Randomization and Anticipated Utility," CIRJE F-Series CIRJE-F-1083, CIRJE, Faculty of Economics, University of Tokyo.
    61. Bhattacharya, Mihir & Mukherjee, Saptarshi & Sonal, Ruhi, 2021. "Frame-based stochastic choice rule," Journal of Mathematical Economics, Elsevier, vol. 97(C).
    62. Qiyan Ong & Jianying Qiu, 2023. "Paying for randomization and indecisiveness," Journal of Risk and Uncertainty, Springer, vol. 67(1), pages 45-72, August.
    63. Liu Shi & Jianying Qiu & Jiangyan Li & Frank Bohn, 2024. "Consciously stochastic in preference reversals," Journal of Risk and Uncertainty, Springer, vol. 68(3), pages 255-297, June.
    64. Javier A. Birchenall, 2024. "Random choice and market demand," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 57(1), pages 165-198, February.
    65. Tommaso Denti, 2022. "Posterior Separable Cost of Information," American Economic Review, American Economic Association, vol. 112(10), pages 3215-3259, October.
    66. Duffy, Sean & Smith, John, 2020. "An economist and a psychologist form a line: What can imperfect perception of length tell us about stochastic choice?," MPRA Paper 99417, University Library of Munich, Germany.
    67. Yves Breitmoser, 2021. "An axiomatic foundation of conditional logit," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 245-261, July.
    68. Tserenjigmid, Gerelt, 2019. "Choosing with the worst in mind: A reference-dependent model," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 631-652.
    69. Emerson Melo, 2022. "On the uniqueness of quantal response equilibria and its application to network games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(3), pages 681-725, October.
    70. Heydari, Pedram, 2024. "Regret, responsibility, and randomization: A theory of stochastic choice," Journal of Economic Theory, Elsevier, vol. 217(C).
    71. Chew, Soo Hong & Miao, Bin & Shen, Qiang & Zhong, Songfa, 2022. "Multiple-switching behavior in choice-list elicitation of risk preference," Journal of Economic Theory, Elsevier, vol. 204(C).
    72. Caliari, Daniele, 2023. "Behavioural welfare analysis and revealed preference: Theory and experimental evidence," Discussion Papers, Research Unit: Economics of Change SP II 2023-303, WZB Berlin Social Science Center.
    73. Federico Echenique, 2019. "New developments in revealed preference theory: decisions under risk, uncertainty, and intertemporal choice," Papers 1908.07561, arXiv.org, revised Dec 2019.
    74. Chambers, Christopher P. & Rehbeck, John, 2018. "Note on symmetric utility," Economics Letters, Elsevier, vol. 162(C), pages 27-29.
    75. Yoram Halevy & David Walker-Jones & Lanny Zrill, 2023. "Difficult Decisions," Working Papers tecipa-753, University of Toronto, Department of Economics.
    76. Rehbeck, John, 2024. "A menu dependent Luce model with a numeraire," Journal of Mathematical Economics, Elsevier, vol. 110(C).
    77. Zhou, Jing, 2024. "Does correlation matter in probability matching? A laboratory investigation," Journal of Economic Behavior & Organization, Elsevier, vol. 224(C), pages 876-894.
    78. Yosuke Hashidate & Keisuke Yoshihara, 2021. "Stochastic Choice and Social Preferences: Inequity Aversion versus Shame Aversion," Working Papers e155, Tokyo Center for Economic Research.
    79. Ellison, Glenn & Fudenberg, Drew & Imhof, Lorens A., 2016. "Fast convergence in evolutionary models: A Lyapunov approach," Journal of Economic Theory, Elsevier, vol. 161(C), pages 1-36.
    80. Chambers, Christopher P. & Liu, Ce & Rehbeck, John, 2020. "Costly information acquisition," Journal of Economic Theory, Elsevier, vol. 186(C).
    81. Federico Echenique & Kota Saito, 2019. "General Luce model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 811-826, November.
    82. Pavlo R. Blavatskyy, 2024. "Harmonic choice model," Theory and Decision, Springer, vol. 96(1), pages 49-69, February.
    83. Allen, Roy & Dziewulski, Paweł & Rehbeck, John, 2022. "Making sense of monkey business: Re-examining tests of animal rationality," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 220-228.
    84. Roy Allen & John Rehbeck, 2020. "Hicksian complementarity and perturbed utility models," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(2), pages 245-261, October.
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  16. Faruk Gul & Wolfgang Pesendorfer & Tomasz Strzalecki, "undated". "Coarse Competitive Equilibrium and Extreme Prices," Working Paper 8365, Harvard University OpenScholar.

    Cited by:

    1. Cary D. Frydman & Salvatore Nunnari, 2021. "Coordination with Cognitive Noise," CESifo Working Paper Series 9483, CESifo.
    2. Sarah Auster & Jeremy Kettering & Asen Kochov, 2021. "Sequential Trading with Coarse Contingencies," ECONtribute Discussion Papers Series 052, University of Bonn and University of Cologne, Germany.
    3. Saponara, Nick, 2022. "Revealed reasoning," Journal of Economic Theory, Elsevier, vol. 199(C).
    4. Faruk Gul & Wolfgang Pesendorfer & Tomasz Strzalecki, "undated". "Coarse Competitive Equilibrium and Extreme Prices," Working Paper 8365, Harvard University OpenScholar.
    5. Lunn, Pete & Somerville, Jason J., 2015. "Surplus Identification with Non-Linear Returns," Papers WP522, Economic and Social Research Institute (ESRI).
    6. Burkovskaya, Anastasia & Li, Jian, 2020. "Comparative Profitability of Product Disclosure Statements," Working Papers 2020-01, University of Sydney, School of Economics.
    7. Mira Frick & Ryota Iijima & Yuhta Ishii, 2019. "Misinterpreting Others and the Fragility of Social Learning," Cowles Foundation Discussion Papers 2160R, Cowles Foundation for Research in Economics, Yale University, revised Mar 2020.
    8. Milo Bianchi & Philippe Jehiel, 2012. "Financial reporting and market e¢ ciency with extrapolative investors," Levine's Working Paper Archive 786969000000000451, David K. Levine.
    9. Milo Bianchi & Philippe Jehiel, 2020. "Bundlers Dilemmas in Financial Markets with Sampling Investors," Post-Print hal-02909219, HAL.
    10. Milo Bianchi & Philippe Jehiel, 2019. "Bundling, Belief Dispersion, and Mispricing in Financial Markets," Working Papers halshs-02183306, HAL.
    11. Gabaix, Xavier, 2018. "Behavioral Inattention," CEPR Discussion Papers 13268, C.E.P.R. Discussion Papers.
    12. Galanis, Spyros, 2018. "Financial complexity and trade," Games and Economic Behavior, Elsevier, vol. 112(C), pages 219-230.
    13. Yuan Gu & Chao Hung Chan, 2024. "Complexity Aversion," Papers 2406.18463, arXiv.org.
    14. Teeple, Keisuke, 2023. "Surprise and default in general equilibrium," Theoretical Economics, Econometric Society, vol. 18(4), November.

Articles

  1. Drew Fudenberg & Whitney Newey & Philipp Strack & Tomasz Strzalecki, 2020. "Testing the drift-diffusion model," Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences, vol. 117(52), pages 33141-33148, December.
    See citations under working paper version above.
  2. Mira Frick & Ryota Iijima & Tomasz Strzalecki, 2019. "Dynamic Random Utility," Econometrica, Econometric Society, vol. 87(6), pages 1941-2002, November.
    See citations under working paper version above.
  3. Drew Fudenberg & Philipp Strack & Tomasz Strzalecki, 2018. "Speed, Accuracy, and the Optimal Timing of Choices," American Economic Review, American Economic Association, vol. 108(12), pages 3651-3684, December.
    See citations under working paper version above.
  4. Faruk Gul & Wolfgang Pesendorfer & Tomasz Strzalecki, 2017. "Coarse Competitive Equilibrium and Extreme Prices," American Economic Review, American Economic Association, vol. 107(1), pages 109-137, January.
    See citations under working paper version above.
  5. Drew Fudenberg & Ryota Iijima & Tomasz Strzalecki, 2015. "Stochastic Choice and Revealed Perturbed Utility," Econometrica, Econometric Society, vol. 83, pages 2371-2409, November.
    See citations under working paper version above.
  6. Drew Fudenberg & Tomasz Strzalecki, 2015. "Dynamic Logit With Choice Aversion," Econometrica, Econometric Society, vol. 83, pages 651-691, March.
    See citations under working paper version above.
  7. Strzalecki, Tomasz, 2014. "Depth of reasoning and higher order beliefs," Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 108-122.
    See citations under working paper version above.
  8. Larry G. Epstein & Emmanuel Farhi & Tomasz Strzalecki, 2014. "How Much Would You Pay to Resolve Long-Run Risk?," American Economic Review, American Economic Association, vol. 104(9), pages 2680-2697, September.
    See citations under working paper version above.
  9. José Luis Montiel Olea & Tomasz Strzalecki, 2014. "Axiomatization and Measurement of Quasi-Hyperbolic Discounting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(3), pages 1449-1499.
    See citations under working paper version above.
  10. Tomasz Strzalecki, 2013. "Temporal Resolution of Uncertainty and Recursive Models of Ambiguity Aversion," Econometrica, Econometric Society, vol. 81(3), pages 1039-1074, May.
    See citations under working paper version above.
  11. Tomasz Strzalecki, 2011. "Axiomatic Foundations of Multiplier Preferences," Econometrica, Econometric Society, vol. 79(1), pages 47-73, January.
    See citations under working paper version above.
  12. Strzalecki, Tomasz & Werner, Jan, 2011. "Efficient allocations under ambiguity," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1173-1194, May.
    See citations under working paper version above.
  13. Tomasz, Strzalecki, 2011. "Probabilistic sophistication and variational preferences," Journal of Economic Theory, Elsevier, vol. 146(5), pages 2117-2125, September.
    See citations under working paper version above.
  14. Luca Rigotti & Chris Shannon & Tomasz Strzalecki, 2008. "Subjective Beliefs and ex ante Trade," Econometrica, Econometric Society, vol. 76(5), pages 1167-1190, September.
    See citations under working paper version above.
  15. Jean-Philippe Platteau & Tomasz Strzalecki, 2004. "Collective Action, Heterogeneous Loyalties and Path Dependence: Micro-evidence from Senegal," Journal of African Economies, Centre for the Study of African Economies, vol. 13(3), pages 417-445, September.
    See citations under working paper version above.Sorry, no citations of articles recorded.

Books

    Sorry, no citations of books recorded.
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