Advances in Economics and Econometrics: Ambiguity and the Bayesian Paradigm

254 citations recorded by the source corpus.

How researchers see this paper

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Ambiguity in asset pricing and portfolio choice: a review of the literature (2010, unknown): “Needless to say, the different theoretical issues that characterize alternative models are not only important but also beyond the scope of this paper (see, e.g., Gilboa and Marinacci 2011, for an in-depth treatment).”
How Should a Robot Assess Risk? Towards an Axiomatic Theory of Risk in Robotics (2017, background): “ that the underlying distribution from which random outcomes of the world are generated may itself be uncertain. Such scenarios are referred to as ambiguous in the literature on human decision making [14]. In such scenarios, while the precise distribution may be unknown, one may know certain propert”
Niveloids and their extensions: Risk measures on small domains (2014, background): “In economics, niveloids play a central role in the modelling of decisions under (Knightian) uncertainty (see Gilboa and Marinacci [20] for a recent survey on this topic).”
Uncertainty, Information Acquisition and Price Swings in Asset Markets (2015, unknown): “It captures the main avor of classical statistical inference, as further discussed by Gilboa and Marinacci (2011).”