Revealed Ambiguity and Its Consequences: Updating

نویسندگان

  • Paolo Ghirardato
  • Fabio Maccheroni
  • Massimo Marinacci
چکیده

We study the updating of beliefs under ambiguity for invariant biseparable preferences. In particular, we show that a natural form of dynamic consistency characterizes the Bayesian updating of these beliefs. JEL classification: D81

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تاریخ انتشار 2007