# Allais, Ellsberg, and Preferences for Hedging

## Author

## Abstract

## Suggested Citation

**Allais, Ellsberg, and Preferences for Hedging**," Working Papers 2012-2, Brown University, Department of Economics.

*RePEc:bro:econwp:2012-2*

## Download full text from publisher

## Other versions of this item:

- Dean, Mark & Ortoleva, Pietro, 2017.
"
**Allais, Ellsberg, and preferences for hedging**," Theoretical Economics, Econometric Society, vol. 12(1), January.

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## More about this item

### Keywords

Ambiguity Aversion; Allais Paradox; Ellsberg Paradox; Hedging; Multiple Priors; Subjective Mixture; Probability Weighting; Rank Dependent Expected Utility;All these keywords.

### JEL classification:

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

### NEP fields

This paper has been announced in the following NEP Reports:- NEP-MIC-2012-04-03 (Microeconomics)
- NEP-UPT-2012-04-03 (Utility Models & Prospect Theory)

### Statistics

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