Alternative Types of Ambiguity and their Effects on the Probabilistic Properties and Tail Risks of Environmental-Policy Variables
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References listed on IDEAS
- Schmeidler, David, 1989.
"Subjective Probability and Expected Utility without Additivity,"
Econometric Society, vol. 57(3), pages 571-587, May.
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More about this item
Keywordsdecision making on climate change; ambiguity; deep uncertainty; SavageÃ¢ï¿½ï¿½s sure-thing principle; deferential ambiguity; preferential ambiguity; tail risks of environmental-policy variables.;
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- D - Microeconomics
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ENV-2017-08-27 (Environmental Economics)
- NEP-HME-2017-08-27 (Heterodox Microeconomics)
- NEP-MIC-2017-08-27 (Microeconomics)
- NEP-UPT-2017-08-27 (Utility Models & Prospect Theory)
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