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
Related URLs:
Depositing User: LivePure Connector
Date Deposited: 22 Jul 2020 02:47
Last Modified: 24 Jul 2020 23:44
URI: https://ueaeprints.uea.ac.uk/id/eprint/76224
DOI: 10.1016/j.econlet.2020.109404

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