Hard evidence and ambiguity aversion

被引:0
|
作者
Mehdi Ayouni
Frédéric Koessler
机构
[1] Thema,
[2] Université de Cergy-Pontoise,undefined
[3] Paris School of Economics-CNRS,undefined
来源
Theory and Decision | 2017年 / 82卷
关键词
Ambiguity; Certifiable information; Evidence disclosure; Mechanism design; Maxmin expected utility; C72; D82;
D O I
暂无
中图分类号
学科分类号
摘要
This article shows that if an allocation rule can be implemented with unlimited information certification, then it can also be implemented with limited information certification if the designer can use ambiguous communication mechanisms, and if agents are averse to ambiguity in the sense of maxmin expected utility. The reverse implication is true if there is a single agent and a worst outcome.
引用
收藏
页码:327 / 339
页数:12
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