A class of incomplete and ambiguity averse preferences |
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Authors: | Leandro Nascimento Gil Riella |
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Affiliation: | a New York University, Department of Economics, 19 W. 4th St. 6FL, New York, NY 10012, United States b Universidade de Brasília, Brazil |
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Abstract: | This paper characterizes models of ambiguous beliefs in the absence of the completeness axiom. We axiomatize multiple-selves versions of some of the most important examples of complete and ambiguity averse preferences, and characterize when those incomplete preferences are ambiguity averse. |
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Keywords: | D11 D81 |
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