Home IGIER  




Objective Rationality and Uncertainty Averse Preferences

By Simone Cerreia-Vioglio

We provide a bridge between Bewley preferences [2] and Uncertainty averse preferences [4]. In doing this, we generalize the findings of Gilboa, Maccheroni, Marinacci, and Schmeidler [11]. To exemplify this new framework, we then study a class of preferences that we call Constrained Multiplier preferences and that was first proposed by Wang [19].

•  Download PDF Paper

Last updated October 11, 2011