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Ellsberg’s two-color experiment, portfolio inertia and ambiguity
16 references·6 citing·30 second hop
Ellsberg’s two-color experiment, portfolio inertia and ambiguity (2003)Ellsberg’s two-color experiment, portfoli…Subjective probability and expected utility without additivity (2004)Subjective probability and ex…Intertemporal asset pricing under knightian uncertainty (2004)Intertemporal asset pricing u…Ambiguity Made Precise: A Comparative Foundation (2002)Ambiguity Made Precise: A Com…Representing Preferences with a Unique Subjective State Space (2001)Representing Preferences with…Intertemporal Asset Pricing under Knightian Uncertainty (1994)Intertemporal Asset Pricing u…Uncertainty Aversion, Risk Aversion, and the Optimal Choice of Portfolio (1992)Uncertainty Aversion, Risk Av…A Theory of Disappointment Aversion (1991)A Theory of Disappointment Av…First order versus second order risk aversion (1990)First order versus second ord…Subjective Probability and Expected Utility without Additivity (1989)Subjective Probability and Ex…Maxmin expected utility with non-unique prior (1989)Maxmin expected utility with …Axiomatic utility theories with the betweenness property (1989)Axiomatic utility theories wi…Expected utility with purely subjective non-additive probabilities (1987)Expected utility with purely …Maxmin Expected Utility with a Non-Unique Prior (1986)Maxmin Expected Utility with …An axiomatic characterization of preferences under uncertainty: Weakening the independence axiom (1986)An axiomatic characterization…A theory of anticipated utility (1982)A theory of anticipated utili…Risk, Ambiguity, and the Savage Axioms (1961)Risk, Ambiguity, and the Sava…Second order beliefs models of choice under imprecise risk: Nonadditive second order beliefs versus nonlinear second order utility (2014)Second order beliefs models o…Ambiguity in Asset Pricing and Portfolio Choice: A Review of the Literature (2010)Ambiguity in Asset Pricing an…The hot stove effect in repeated-play decision making under ambiguity (2009)The hot stove effect in repea…Comment on “Ellsberg's two‐color experiment, portfolio inertia and ambiguity” (2008)Comment on “Ellsberg's two‐co…Uncertainty Aversion Vs. Competence: An Experimental Market Study (2007)Uncertainty Aversion Vs. Comp…Perfect Bayesian vs. Imperfect Bayesian in Small Decision Making Problems (2007)Perfect Bayesian vs. Imperfec…Disappointment in Decision Making Under Uncertainty (1985)Prospect theory: An analysis of decision under risk (1988)Dynamic Asset Pricing Theory. (1993)Investor Psychology and Asset Pricing (2001)The jump-risk premia implicit in options: evidence from an integrated time-series study (2002)Prospect Theory: An Analysis of Decision under Risk (1979)RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)Individual differences in reasoning: Implications for the rationality debate? (2000)Theory of games and economic behavior (2019)Risk, Uncertainty and Profit (1921)The General Theory of Employment, Interest and Money. (1936)The equity premium: A puzzle (1985)Robust Permanent Income and Pricing (1999)An Equilibrium Model of Rare-Event Premia and Its Implication for Option Smirks (2004)Managing the Risk of Uncertain Threshold Responses: Comparison of Robust, Optimum, and Precautionary Approaches (2007)Utility Theory for Decision Making (1971)Recent developments in modeling preferences: Uncertainty and ambiguity (1992)Chapter 18 A survey of behavioral finance (2003)A Smooth Model of Decision Making under Ambiguity (2005)The Dual Theory of Choice under Risk (1987)Psychology and Economics (1997)The Framing of Decisions and the Psychology of Choice (1981)Advances in prospect theory: Cumulative representation of uncertainty (1992)Robust Portfolio Rules and Asset Pricing (2004)Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach (2006)Collective Risk Management in a Flight to Quality Episode (2007)Risk attitudes and decision weights (1995)Ellsberg Revisited: An Experimental Study (2007)Advances in Prospect Theory: Cumulative Representation of Uncertainty (2016)The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation (2011)
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References

  • 1961Risk, Ambiguity, and the Savage Axioms7,892 cited
  • 1989Maxmin expected utility with non-unique prior4,063 cited
  • 1982A theory of anticipated utility3,136 cited
  • 2004Subjective probability and expected utility without additivity2,510 cited
  • 1989Subjective Probability and Expected Utility without Additivity2,308 cited
  • 1991A Theory of Disappointment Aversion1,343 cited
  • 1987Expected utility with purely subjective non-additive probabilities818 cited
  • 1992Uncertainty Aversion, Risk Aversion, and the Optimal Choice of Portfolio776 cited
  • 1986Maxmin Expected Utility with a Non-Unique Prior668 cited
  • 2004Intertemporal asset pricing under knightian uncertainty597 cited
  • 1994Intertemporal Asset Pricing under Knightian Uncertainty543 cited
  • 2002Ambiguity Made Precise: A Comparative Foundation483 cited
  • 1986An axiomatic characterization of preferences under uncertainty: Weakening the independence axiom408 cited
  • 1990First order versus second order risk aversion401 cited
  • 2001Representing Preferences with a Unique Subjective State Space329 cited
  • 1989

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Axiomatic utility theories with the betweenness property
244 cited

Cited by

  • 2010Ambiguity in Asset Pricing and Portfolio Choice: A Review of the Literature49 cited
  • 2014Second order beliefs models of choice under imprecise risk: Nonadditive second order beliefs versus nonlinear second order utility9 cited
  • 2007Uncertainty Aversion Vs. Competence: An Experimental Market Study9 cited
  • 2007Perfect Bayesian vs. Imperfect Bayesian in Small Decision Making Problems7 cited
  • 2008Comment on “Ellsberg's two‐color experiment, portfolio inertia and ambiguity”1 cited
  • 2009The hot stove effect in repeated-play decision making under ambiguity1 cited