Sharing risk and ambiguity
نویسندگان
چکیده
We study the market implications of ambiguity in many common models. We show that generic determinacy is a robust feature in many general equilibrium models that allow a distinction between ambiguity and risk. JEL Codes: D0, D5, D8, G1
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ورودعنوان ژورنال:
- J. Economic Theory
دوره 147 شماره
صفحات -
تاریخ انتشار 2012