under this kind of uncertainty, with preferences that satisfy the expected utility hypothesis. Various social welfare …, where the utilitarian and Rawlsian recommend the same intergenerational allocation. Second, we consider a productive economy …) different. Surprisingly, when the utilitarian optimization program diverges, then it is optimal for the extended Rawlsian to …

In this study, we present a behavioral definition of betrayal aversion with sources of uncertainty and develop a … betrayal aversion depend on the perception of uncertainty in each trust game. In terms of uncertainty attitudes, we show that … as trusters become more uncertainty-averse, they also become more betrayal-averse. Furthermore, we incorporate social …

attitudes towards uncertainty and are ignorant to relevant aspects of the environment. Players in strategic games face Knightian … uncertainty about opponents' actions and maximize individually their Choquet expected utility. Our Choquet expected utility model … allows for both an optimistic or pessimistic attitude towards uncertainty as well as ignorance to strategic dependencies. An …

pessimistic attitudes towards uncertainty and are ignorant to relevant aspects of the environment. Players in strategic games face … Knightian uncertainty about opponents' actions and maximize individually their Choquet expected utility with respect to neo …-additive capacities (Chateauneuf, Eichberger, and Grant, 2007) allowing for both an optimistic or pessimistic attitude towards uncertainty …

future utility when uncertainty increases over time. The more we know about the future welfare consequences of our (in …)actions, the more weight they receive. If uncertainty is endogenous to the decision process, the new rationale for discounting will … preference ; discounting ; uncertainty ; expected utility ; recursive utility ; risk aversion ; intertemporal substitutability …

his confidence in the uncertainty assessment of a particular setting …