Risk, Ambiguity, and the Rank-Dependence Axioms
نویسندگان
چکیده
منابع مشابه
Risk, Ambiguity, and the Rank-Dependence Axioms
Consider an urn holding 101 balls, each marked with a number from 1 through 4. You don’t know the number of balls of each type, but you do know that exactly 50 are marked with either a 1 or a 2, and 51 are marked with either a 3 or a 4. This is a variation on the classic urns of Daniel Ellsberg (1961). Given its information structure, you don’t know the probability of any given number being dra...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2009
ISSN: 0002-8282
DOI: 10.1257/aer.99.1.385