Uncertainty in Economic Theory

By: Itzhak Gilboa (Editor)

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Paperback | 3 May 2013 | Edition Number 1

At a Glance

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576 Pages

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23.39 x 15.6 x 2.97

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This volume brings together important papers, coupled with new introductions, in the massively influential area of uncertainty in economic theory. Seminal papers are available together for the first time in book format, with new introductions and under the steely editorship of Itzhak Gilboa - this book is a useful reference tool for economists all over the globe.

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You Can Find This Book In

Non-Fiction Economics Economic Theory & Philosophy Microeconomics Political Economy

Theory
Introduction, Itzhak Gilboa
Preference Axiomatizations for Decision under Uncertainty, Peter P. Wakker
Defining Ambiguity and Ambiguity Attitude, Paolo Ghirardato
Introduction to the Mathematics of Ambiguity, Massimo Marinacci and Luigi Montrucchio
Subjective probability and expected utility without additivity David Schmeidler(Econometrica, 57(1989): 571-587)
Maxmin expected utility with a non-unique prior, Itzhak Gilboaand David Schmeidler(Journal of Mathematical Economics, 18(1989: 141-153)
A simple axiomatization of nonaddictive expected utility, Rakesh Sarinand Peter P. Wakker(Econometrica, 60(1992): 1255-1272)
Updating ambiguous beliefs, Itzhak Gilboaand David Schmeidler (Journal of Economic Theory, 59(1993): 33-49)
A Definition of Uncertainty Aversion, Larry G. Epstein(Review of Economic Studies, 66(1999): 579-608)
Ambiguity made precise: a comparative foundation, Paolo Ghirardatoand Massimo Marinacci(Journal of Economic Theory, 102(2002): 251-289)
Stochastically independent randomization and uncertainty aversion, Peter Klibanoff(Economic Theory, 18(2001): 605-620)
Decomposition and representation of coalitional games, Massimo Marinacci (Mathematics of Operations Research, 21(1996): 1000-1015)
Applications
An overview, Sujoy Mukerijiand Jean-Marc Tallon
Ambiguity aversion and the incompleteness of constractual form, Sujoy Mukerji (American Economic Review, 88(1998): 1207-1232)
Ambiguity aversion and imcompleteness of financial markets, Sujoy Mukerjiand Jean-Marc Tallon(The Review of Economic Studies, forthcoming)
A quartet of semigroups for model specfication, robustness, prices of risk, and model detection, Evan W. Anderson,Lars Peter Hansen, and Thomas J. Sargent (Journal of the European Economic Association, forthcoming)
Uncertainty aversion, risk aversion, and the optimal choice of portfolio, James Dowand Sergio Ribeiro da Costa Werlang (Econometrica, 60(1992): 197-204)
Intertemporal asset pricing under Knightian uncertainty, Larry G. Epsteinand Tan Wang(Econometrica, 62(1994): 283-322)
Sharing Beliefs: between agreeing and disagreeing, Antoine Billot, Alain Chateauneuf, Itzhak Gilboa, and Jean-Marc Tallon(Econometrica, 68(2000): 685-694
Equilibrium in beliefs under uncertainty, Kin Chung Lo(Journal of Economic Theory, 71(1996): 443-484)
The right to remain silent, Joseph Greenberg (Theory and Decision, 48(2000): 193-204)
On the measurement of inequality under uncertainty, Elchanan Ben-Porath, Itzhak Gilboa, and David Schmeidler(Journal of Economic Theory, 75(1997): 194-204)
Table of Contents provided by Publisher. All Rights Reserved.

Uncertainty in Economic Theory

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Paperback

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