Sharing risk and ambiguity

A-Tier
Journal: Journal of Economic Theory
Year: 2012
Volume: 147
Issue: 5
Pages: 2028-2039

Authors (2)

Rigotti, Luca (University of Pittsburgh) Shannon, Chris (not in RePEc)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the market implications of ambiguity in common models. We show that generic determinacy is a robust feature in general equilibrium models that allow a distinction between ambiguity and risk.

Technical Details

RePEc Handle
repec:eee:jetheo:v:147:y:2012:i:5:p:2028-2039
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29