UID:
almafu_9959238326602883
Format:
1 online resource (577 p.)
Edition:
1st ed.
ISBN:
1-134-34415-5
,
0-203-68357-9
,
1-134-34416-3
,
1-280-37733-X
,
9786610377336
,
0-203-35806-6
Series Statement:
Routledge frontiers of political economy ; 63
Content:
This volume brings together important papers, coupled with new introductions, in the massively influential area of uncertainty in economic theory. Seminal papers are available together for the first time in book format, with new introductions and under the steely editorship of Itzhak Gilboa - this book is a useful reference tool for economists all over the globe.
Note:
Description based upon print version of record.
,
Uncertainty in Economic Theory; Copyright; Contents; List of Contributors; Preface; Part I Theory; 1 Introduction; 2 Preference axiomatizations for decision under uncertainty; 3 Defining ambiguity and ambiguity attitude; 4 Introduction to the mathematics of ambiguity; 5 Subjective probability and expected utility without additivity; 6 MAxmin expected utility with non-unique prior; 7 A simple axiomatization of nonadditive expected utility; 8 Updating ambigous beliefs; 9 A definition of uncertainty aversion; 10 Ambiguity made precise: A comparative made precise
,
11 Stochastically independent randomization and uncertainty aversion12 Decomposition and representation of coalitional games; Part II Applications; 13 An overview of economic applications of David Schmeidler's models of decision making under uncertainty; 14 Ambiguity aversion and incompleteness of contractual form; 15 Ambiguity aversion and incompleteness of financial markets; 16 A quartet of semigroups for model specification, robustness, prices of risk, and model detection; 17 Uncertainty aversion, risk aversion, and the optimal choice of portfolio
,
18 Intertemporal asset pricing under knightian uncertainty19 Sharing beliefs; 20 Equilibrium in beliefs under uncertainity; 21 The right to remain silent; 22 On the measurement of inequality under uncertainty; Index
,
English
Additional Edition:
ISBN 0-415-65465-3
Additional Edition:
ISBN 0-415-32494-7
Language:
English
DOI:
10.4324/9780203358061
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