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Karni and Viero (2013) propose a model of belief revision under growing awareness reverse Bayesianism which posits that as a person becomes aware of new acts, consequences, or act-consequence links, she revises her beliefs over an expanded state space in a way that preserves the relative...
Persistent link: https://www.econbiz.de/10012705274
Karni and Vierø (2013) propose a model of belief revision under growing awareness — reverse Bayesianism — which posits that as a person becomes aware of new acts, consequences, or act-consequence links, she revises her beliefs over an expanded state space in a way that preserves the...
Persistent link: https://www.econbiz.de/10012833557
Karni and Vierø (2013) propose a model of belief revision under growing awareness- reverse Bayesianism- which posits that as a person becomes aware of new acts, conse- quences, or act-consequence links, she revises her beliefs over an expanded state space in a way that preserves the relative...
Persistent link: https://www.econbiz.de/10012938976
Karni and Viero (2013) propose a model of belief revision under growing awareness reverse Bayesianism which posits that as a person becomes aware of new acts, consequences, or act-consequence links, she revises her beliefs over an expanded state space in a way that preserves the relative...
Persistent link: https://www.econbiz.de/10012320173
Persistent link: https://www.econbiz.de/10011898905
Persistent link: https://www.econbiz.de/10013374968
Persistent link: https://www.econbiz.de/10011342988
We analyse risk-sharing when individuals perceive ambiguity about future events. The main departure from previous work is that different individuals perceive ambiguity differently. We show that individuals fail to share risks for extreme events. This may provide an explanation why we do not...
Persistent link: https://www.econbiz.de/10013043818
Persistent link: https://www.econbiz.de/10011721673
We analyse risk-sharing when individuals perceive ambiguity about future events. The main departure from previous work is that different individuals perceive ambiguity differently. We show that individuals fail to share risks for extreme events. This may provide an explanation why we do not...
Persistent link: https://www.econbiz.de/10011191162