A behavioral definition of unforeseen contingencies

A-Tier
Journal: Journal of Economic Theory
Year: 2018
Volume: 175
Issue: C
Pages: 265-290

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

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

Abstract

The paper proposes a choice-theoretic definition of an unforeseen event and a model of behavior that accommodates such events. The analysis presumes an individual who is aware of their unawareness, which explains why all unforeseen events in this paper are non-null. Relative to existing work, the main contribution is to establish a distinction between unforeseen events and events whose likelihood is ambiguous. This is achieved by adopting a dynamic choice setting.

Technical Details

RePEc Handle
repec:eee:jetheo:v:175:y:2018:i:c:p:265-290
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25