𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Learning Under Ambiguity

✍ Scribed by EPSTEIN, LARRY G.; SCHNEIDER, MARTIN


Book ID
111004735
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
423 KB
Volume
74
Category
Article
ISSN
0034-6527

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Portfolio inertia under ambiguity
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We consider individual's portfolio selection problems. Introducing the concept of ambiguity, we show the existence of portfolio inertia under the assumptions that decision maker's beliefs are captured by an inner measure, and that her preferences are represented by the Choquet integral with respect