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Ambiguity models and the Machina paradoxes

Laetitia Placido, Aurelien Baillon () and Olivier L'Haridon
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Laetitia Placido: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Keywords: Machina paradox; Choquet expected utility; Maxmin expected utility (search for similar items in EconPapers)
Date: 2011-06-01
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Citations: View citations in EconPapers (41)

Published in American Economic Review, 2011, 101 (4), pp.1546-60. ⟨10.1257/aer.101.4.1547⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00645899

DOI: 10.1257/aer.101.4.1547

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