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All Outputs (10)

Contests with Ambiguity (2018)
Journal Article

The paper examines contests where players perceive ambiguity about their opponents’ strategies and determines how perceptions of ambiguity and attitudes to ambiguity affect equilibrium choice. Behaviour in our contest is affected by pessimistic and o... Read More about Contests with Ambiguity.

Ambiguity and Accident Law (2016)
Journal Article

Environmental accidents often involve ambiguous risks, i.e. the relevant probabilities are unknown. This paper studies how liability rules are a¤ected by ambiguity. The injurer and the victim choose a level of care, which is observable, and an unobse... Read More about Ambiguity and Accident Law.

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.