All Outputs (2)

Sharing ambiguous risks (2014)
Journal Article

We analyse risk-sharing when individuals perceive ambiguity about future events. The main departure from previous work is that di¤erent individuals perceive ambiguity di¤erently. We show that individuals fail to share risks for extreme events. This m... Read More about Sharing ambiguous risks.

Optimism and pessimism in games (2014)
Journal Article

This paper considers the impact of ambiguity in strategic situations. It extends the existing literature on games with ambiguity-averse players by allowing for optimistic responses to ambiguity. We use the CEU model of ambiguity with a class of capac... Read More about Optimism and pessimism in games.