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When is ambiguity-attitude constant?: presented at CESifo Area Conference on Applied Microeconomics, March 2012

This paper studies how updating affects ambiguity-attitude. In particular we focus on the generalized Bayesian update of the Jaffray-Phillipe sub-class of Choquet Expected Utility preferences. We find conditions for ambiguity-attitude to be the same before and after updating. A necessary and suffici...

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Hauptverfasser: Eichberger, Jürgen (VerfasserIn) , Grant, Simon (VerfasserIn) , Kelsey, David (VerfasserIn)
Dokumenttyp: Book/Monograph Arbeitspapier
Sprache:Englisch
Veröffentlicht: Munich Univ., Center for Economic Studies 2012
Schriftenreihe:CESifo working paper series Behavioural economics 3768
In: CESifo working papers (3768)

Online-Zugang: Volltext
Verfasserangaben:Jürgen Eichberger ; Simon Grant ; David Kelsey

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