Comparisons of Ambiguous Experiments

Tristan Tomala and Fabien Gensbittel

No 1074, HEC Research Papers Series from HEC Paris

Abstract: An ambiguous statistical experiment is a set of joint probability distributions over states and signals. This note compares ambiguous experiments from the point of view of an ambiguity averse decision maker and extends the Blackwell (1951, 1953) ordering to this setting.

Keywords: experiments; value of information; multiple priors; maximin; rectangularity (search for similar items in EconPapers)
JEL-codes: C72 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2015-01-05
New Economics Papers: this item is included in nep-exp
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Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Comparisons of Ambiguous Experiments (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ebg:heccah:1074

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