30 mars 2012, 13h45–15h00
Toulouse
Salle MF 323
Decision Mathematics Seminar
Résumé
We prove the existence of comonotone Pareto optimal allocations within sets of acceptable allocations when decision makers have probabilistic sophisticated variational preferences on random endowments in L1.
Mots-clés
Pareto optimal allocations; variational preferences; probabilistic sophistication; ambiguity aversion; weighted sup-convolution;
Codes JEL
- D81: Criteria for Decision-Making under Risk and Uncertainty
- D86: Economics of Contract: Theory