On the Smooth Ambiguity Model: a Reply

A causal model of burnout based on health anxiety, family-work conflict, and tolerance of ambiguity in IOOC employees

This paper aims to investigate this important issue from the perspective of the effect of psychological variables such as health anxiety, family-work conflict and tolerance of ambiguity on burnout in a sampel of 502 statistical population of headquarters staff of the Iranian Offshore Oil Company in Tehran. Structural equation modeling was used to analysis using AMOS24 software.The sampe method ...

Incomplete Information Games with Smooth Ambiguity Preferences∗

We propose equilibrium notions for incomplete information games involving players who perceive ambiguity about the types of others. Players have smooth ambiguity preferences (Klibanoff, Marinacci and Mukerji, 2005) and may be ambiguity averse. In the smooth ambiguity model it is possible to hold the agents’information fixed while varying the agent’s ambiguity attitude from aversion to neutralit...

A Problem in Avicennas View on the Origination of the Soul and a Reply to It

Intertemporal substitution and recursive smooth ambiguity preferences

In this paper, we establish an axiomatically founded generalized recursive smooth ambiguity model that allows for a separation among intertemporal substitution, risk aversion, and ambiguity aversion. We axiomatize this model using two approaches: the second-order act approach à la Klibanoff et al. (2005) and the twostage randomization approach à la Seo (2009). We characterize risk attitude and ...

A Paradox for the “smooth Ambiguity” Model of Preference

Two Ellsberg-style thought experiments are described that re‡ect on the smooth ambiguity decision model developed by Klibano¤, Marinacci and Mukerji (2005). The …rst experiment poses di¢ culties for the model’s axiomatic foundations and, as a result, also for its interpretation, particularly for the claim that the model achieves a separation between ambiguity and the attitude towards ambiguity....