Artikel

Coarse contingencies and ambiguity

The paper considers an agent who must choose an action today under uncertainty about the consequence of any chosen action but without having in mind a complete list of all the contingencies that could influence outcomes. She conceives of some relevant (subjective) contingencies but she is aware that these contingencies are coarse---they leave out some details that may affect outcomes. Though she may not be able to describe these finer details, she is aware that they exist and this may affect her behavior.

Sprache
Englisch

Erschienen in
Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 2 ; Year: 2007 ; Issue: 4 ; Pages: 355-394 ; New York, NY: The Econometric Society

Klassifikation
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Thema
Uncertainty
states of the world
ambiguity
coarse contingencies

Ereignis
Geistige Schöpfung
(wer)
Epstein, Larry G.
Marinacci, Massimo
Seo, Kyoungwon
Ereignis
Veröffentlichung
(wer)
The Econometric Society
(wo)
New York, NY
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Epstein, Larry G.
  • Marinacci, Massimo
  • Seo, Kyoungwon
  • The Econometric Society

Entstanden

  • 2007

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