Arbeitspapier
Awareness of Unawareness: A Theory of Decision Making in the Face of Ignorance
In the wake of growing awareness, decision makers anticipate that they might become aware of material possibilities and ideas that, in their current state of ignorance, are unimaginable. This anticipation manifests itself in their choice behavior. This paper models this awareness of unawareness and axiomatizes a probabilistic sophisticated representation of beliefs about ignorance and subjective expected utility representation, in an enriched framework, that assigns utility to the unknown while maintaining, in both instances, the flavor of reverse Bayesianism of Karni and Vierø (2013, 2014).
- Sprache
-
Englisch
- Erschienen in
-
Series: Queen's Economics Department Working Paper ; No. 1322
- Klassifikation
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Thema
-
Awareness
unawareness
ignorance
reverse Bayesianism
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Karni, Edi
Vierø, Marie-Louise
- Ereignis
-
Veröffentlichung
- (wer)
-
Queen's University, Department of Economics
- (wo)
-
Kingston (Ontario)
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Karni, Edi
- Vierø, Marie-Louise
- Queen's University, Department of Economics
Entstanden
- 2014
Ähnliche Objekte (12)
The valor of ignorance
Shocking ignorance of the bishops
Deception Under Time Pressure: Conscious Decision or a Problem of Awareness?
Deception under Time Pressure: Conscious Decision or a Problem of Awareness?
Feminist epistemologies of ignorance (2006)3
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
Volunteering and the strategic value of ignorance
Volunteering and the strategic value of ignorance
Arbitration of Two-Party Disputes Under Ignorance
The valor of ignorance
Shocking ignorance of the bishops
Deception Under Time Pressure: Conscious Decision or a Problem of Awareness?
Deception under Time Pressure: Conscious Decision or a Problem of Awareness?
Feminist epistemologies of ignorance (2006)3
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
Volunteering and the strategic value of ignorance
Volunteering and the strategic value of ignorance
Arbitration of Two-Party Disputes Under Ignorance
The valor of ignorance
Shocking ignorance of the bishops
Deception Under Time Pressure: Conscious Decision or a Problem of Awareness?
Deception under Time Pressure: Conscious Decision or a Problem of Awareness?
Feminist epistemologies of ignorance (2006)3
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
The (in)elasticity of moral ignorance
Volunteering and the strategic value of ignorance
Volunteering and the strategic value of ignorance