The alpha-maxmin model is a prominent example of preferences under Knightian uncertainty as it allows to distinguish … derive a recursive, dynamically consistent version of the »-maxmin model. In the continuous-time limit, the resulting dynamic …

derives max-min, max-max and min-max regret policies to deal with this particular form of climate (model) uncertainty and with … climate scepticism. The max-min or min-max regret climate policies rely on a non-sceptic view of global warming and lead to a …

derives max-min, max-max and min-max regret policies to deal with this particular form of climate (model) uncertainty and with … climate scepticism. The max-min or min-max regret climate policies rely on a non-sceptic view of global warming and lead to a …

The alpha-maxmin model is a prominent example of preferences under Knightian uncertainty as it allows to distinguish … derive a recursive, dynamically consistent version of the α-maxmin model. In the continuous-time limit, the resulting dynamic …

This paper studies mechanism design when agents are maxmin expected utility maximizers. A first result gives a general … envelope characterization of payoffs in quasilinear environments with an approach for relating agents' maxmin expected …