A class of incomplete and ambiguity averse preferences

• 成果类型: Article
• 署名作者: Nascimento, Leandro; Riella, Gil
• 署名单位: New York University; Universidade de Brasilia
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1016/j.jet.2010.11.005
• 发表日期: 2011
• 页码: 728-750
• 关键词: Incomplete preferences; ambiguity aversion

摘要

This paper characterizes models of ambiguous beliefs in the absence of the completeness axiom. We axiomatize multiple-selves versions of some of the most important examples of complete and ambiguity averse preferences, and characterize when those incomplete preferences are ambiguity averse. (C) 2011 Elsevier Inc. All rights reserved.