Probabilistic Sophistication and Multiple Priors
By Massimo Marinacci. 2002
171 citations recorded by the source corpus.
Subfields: Economics and Econometrics, General Decision Sciences, Statistics and Probability
View Paper: https://www.semanticscholar.org/paper/68c8d06f034c28f0454383c28bbaba3c23e2fc68
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Marciano M. Siniscalchi
- Paolo Ghirardato
- Fabio Maccheroni
- Jean-Marc Tallon
- Massimo Marinacci
- Simone Cerreia-Vioglio
- Thibault Gajdos
- Jean-Christophe Vergnaud
In General Decision Sciences
- Marciano M. Siniscalchi
- Massimo Marinacci
- Fabio Maccheroni
- Paolo Ghirardato
- Jean-Marc Tallon
- Simone Cerreia-Vioglio
- Thibault Gajdos
- Jean-Christophe Vergnaud
In Statistics and Probability
- Fabio Maccheroni
- Paolo Ghirardato
- Jean-Marc Tallon
- Jean-Christophe Vergnaud
- Thibault Gajdos
- Simone Cerreia-Vioglio
- Massimo Marinacci
- John A. Weymark
Citations in the corpus
- Differentiating ambiguity and ambiguity attitude (2004, methodology): “We also present the axiomatic characterization of the natural generalization of these two decision rules— a decision rule akin to Hurwicz’s a-pessimism rule, known in the literature as the ‘‘a-MEU’’ decision rule (e.g., [ 27 ]).”
- A Smooth Model of Decision Making under Ambiguity (2005, unknown): “It is also present in the approaches to comparative ambiguity aversion developed in Epstein (1999) and Ghirardato and Marinacci (2002).”
- Rational preferences under ambiguity (2011, background): “We can thus conclude that with the chosen A ∈ we have for each B ∈ and each P ∈ C , P∗(B) = P∗(A) ⇒ P(B) = P(A) so that P∗ = P follows from Theorem 2 of Marinacci (2002). Since this is true for each P ∈ C—that is, C = {P∗}—we conclude that is a SEU preference with probability P∗.”
- Axiomatic Foundations of Multiplier Preferences (2009, unknown): “Such subjective mixtures are different from subjective mixtures studied by Ghirardato, Maccheroni, Marinacci, and Siniscalchi (2003), whose construction relies on rangeconvexity of u.”
- Decision making with imprecise probabilistic information (2004, methodology): “This definition differs from the one in Ghirardato and Marinacci (2002) and Epstein (1999), in that we restrict attention to comparisons among binary lotteries and binary acts.”