作者：Dominiak, Adam; Lefort, Jean-Philippe
作者单位：Virginia Polytechnic Institute & State University; Universite PSL; Universite Paris-Dauphine
摘要：Experiments detecting ambiguity aversion often rely on the assumption that probabilities are exogenously given for some uncertain events. However, the canonical models that accommodate ambiguity into economic theory, such as the maxmin expected utility (MEU) and Choquet expected utility (CEU) models, are purely subjective. These models do not specify how subjects could incorporate exogenous probabilities into decisions. We study two approaches for embedding exogenous probabilities in the conte...
作者：Balseiro, Santiago R.; Brown, David B.; Chen, Chen
作者单位：Columbia University; Duke University; University of Chicago
摘要：Motivated by applications in shared vehicle systems, we study dynamic pricing of resources that relocate over a network of locations. Customers with private willingness to pay sequentially request to relocate a resource from one location to another, and a revenue-maximizing service provider sets a price for each request. This problem can be formulated as an infinite-horizon stochastic dynamic program, but it is difficult to solve, as optimal pricing policies may depend on the locations of all ...
