When does ambiguity fade away?

Massari, Filippo and Newton, Jonathan (2020) When does ambiguity fade away? Economics Letters, 194. ISSN 0165-1765

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Abstract

the prior support is finite, long-run ambiguity is known to be a possible outcome only if the learning problem is misspecified (Marinacci and Massari, 2019). We show that if the prior support is naturally rich, long-run ambiguity cannot occur.

Item Type:	Article
Uncontrolled Keywords:	ambiguity,learning,misspecified learning,robust statistical decisions,finance,economics and econometrics ,/dk/atira/pure/subjectarea/asjc/2000/2003
Faculty \ School:	Faculty of Social Sciences > School of Economics
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Behavioural Economics Faculty of Social Sciences > Research Groups > Economic Theory
Related URLs:	http://www.scopus.com/inward/record.url?...
Depositing User:	LivePure Connector
Date Deposited:	22 Jul 2020 02:47
Last Modified:	22 Oct 2022 06:31
URI:	https://ueaeprints.uea.ac.uk/id/eprint/76224
DOI:	10.1016/j.econlet.2020.109404

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