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
相关论文
共 50 条
  • [21] More ambiguity aversion or more risk aversion?
    Jiankang Zhang
    [J]. Economic Theory Bulletin, 2022, 10 : 217 - 232
  • [22] GENDER DIFFERENCES IN RISK AVERSION AND AMBIGUITY AVERSION
    Borghans, Lex
    Heckman, James J.
    Golsteyn, Bart H. H.
    Meijers, Huub
    [J]. JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION, 2009, 7 (2-3) : 649 - 658
  • [23] Choice deferral and ambiguity aversion
    Kopylov, Igor
    [J]. THEORETICAL ECONOMICS, 2009, 4 (02) : 199 - 225
  • [24] Career concerns and ambiguity aversion
    Rasmusen, Eric
    [J]. ECONOMICS LETTERS, 2010, 108 (02) : 175 - 177
  • [25] Task Formats and Ambiguity Aversion
    Liu, Hsin-Hsien
    [J]. JOURNAL OF BEHAVIORAL DECISION MAKING, 2011, 24 (03) : 315 - 330
  • [26] Preference Reversals for Ambiguity Aversion
    Trautmann, Stefan T.
    Vieider, Ferdinand M.
    Wakker, Peter P.
    [J]. MANAGEMENT SCIENCE, 2011, 57 (07) : 1320 - 1333
  • [27] Propensity for hedging and ambiguity aversion
    Aouani, Zaier
    Chateauneuf, Alain
    Ventura, Caroline
    [J]. JOURNAL OF MATHEMATICAL ECONOMICS, 2021, 97
  • [28] Regular economies with ambiguity aversion
    Biheng, Noe
    Bonnisseau, Jean-Marc
    [J]. JOURNAL OF MATHEMATICAL ECONOMICS, 2015, 59 : 24 - 36
  • [29] Randomization advice and ambiguity aversion
    Kuzmics, Christoph
    Rogers, Brian W.
    Zhang, Xiannong
    [J]. JOURNAL OF RISK AND UNCERTAINTY, 2024, 69 (01) : 85 - 104
  • [30] Preferences with changing ambiguity aversion
    Jingyi Xue
    [J]. Economic Theory, 2020, 69 : 1 - 60
12345