We thank a co-editor and two anonymous referees, as well as Simone Cerreia-Vioglio, Theo Diasakos, Fabio Maccheroni, Mark Machina, Pietro Ortoleva, Daniele Pennesi, Tomasz Strzalecki, and audiences at the 2009 RUD and SAET conferences, the Workshop in honor of Daniel Ellsberg (Vienna, May 2010), and at seminars at Rice, Northwestern, Penn, Princeton, and Montreal for helpful comments. The usual disclaimer applies. Ghirardato is also grateful to the Italian MIUR for financial support. A version of Theorem 2 in this paper first appeared in the working paper “A More Robust Definition of Multiple Priors” (Ghirardato and Siniscalchi (2010)).
Ambiguity in the Small and in the Large
Article first published online: 26 NOV 2012
© 2012 The Econometric Society
Volume 80, Issue 6, pages 2827–2847, November 2012
How to Cite
Ghirardato, P. and Siniscalchi, M. (2012), Ambiguity in the Small and in the Large. Econometrica, 80: 2827–2847. doi: 10.3982/ECTA9367
- Issue published online: 26 NOV 2012
- Article first published online: 26 NOV 2012
- Manuscript received June, 2010; final revision received March, 2012.
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