Recursive smooth ambiguity preferences

@article{Klibanoff2009RecursiveSA,
  title={Recursive smooth ambiguity preferences},
  author={Peter Klibanoff and Massimo Marinacci and Sujoy Mukerji},
  journal={J. Economic Theory},
  year={2009},
  volume={144},
  pages={930-976}
}
This paper axiomatizes an intertemporal version of the Smooth Ambiguity decision model developed in Klibano¤, Marinacci, and Mukerji (2005). A key feature of the model is that it achieves a separation between ambiguity, identi…ed as a characteristic of the decision maker’s subjective beliefs, and ambiguity attitude, a characteristic of the decision maker’s tastes. In applications one may thus specify/vary these two characteristics independent of each other, thereby facilitating richer… CONTINUE READING
Highly Influential
This paper has highly influenced 12 other papers. REVIEW HIGHLY INFLUENTIAL CITATIONS
Highly Cited
This paper has 99 citations. REVIEW CITATIONS

From This Paper

Figures, tables, and topics from this paper.
76 Citations
43 References
Similar Papers

Citations

Publications citing this paper.
Showing 1-10 of 76 extracted citations

99 Citations

01020'09'12'15'18
Citations per Year
Semantic Scholar estimates that this publication has 99 citations based on the available data.

See our FAQ for additional information.

References

Publications referenced by this paper.
Showing 1-10 of 43 references

“Exotic Preferences for Macroeconomists,”Working paper 10597, NBER

  • D. Backus, B. Routledge, S. Zin
  • 2004
Highly Influential
5 Excerpts

“Revisiting Savage in a Conditional World,”Economic

  • P. Ghirardato
  • 2002
Highly Influential
6 Excerpts

“Bayesian Consistency for Stationary Models,”Econometric

  • A. Lijoi, I. Prunster, S. Walker
  • 2007
Highly Influential
3 Excerpts

Introduction to Graph Theory. Prentice-Hall, New Jersey, 2nd edn

  • D. B. West
  • 2001
Highly Influential
1 Excerpt

Similar Papers

Loading similar papers…