Trading ambiguity: a tale of two heterogeneities (with S. Mukerji and H. Ozsoylev) Forthcoming International Economic Review
Tailored recommendations with E.Danan and T.Gajdos, Social Choice and Welfare, 2023, 60, p.15-34 (online version 2020).
Market allocations under ambiguity: a survey with A. Billot and S. Mukerji, Revue Economique, 2020, vol. 71, p.267-282.
Ambiguity Preferences and
Portfolio Choices: Evidence from the Field, with M. Bianchi, Management Science, 2019, vol. 65, n°4, p.1486-1501. Online Appendix
Dynamically Consistent Preferences Under Imprecise
Probabilistic Information, with F. Riedel and V. Vergopoulos. Journal
of Mathematical Economics, 2018, vol.79, pp.117-124.
Ambiguity
and the Historical Equity Premium, with
F. Collard, S. Mukerji, and K. Sheppard. Quantitative Economics, 2018, vol.9, pp.945-993.
Flexible
contracts, with P.Gottardi
and P.Ghirardato. Games and Economic Behavior,
2017, vol 103, p. 145-167.
Robust
Social Decisions, with E. Danan,
T. Gajdos and B. Hill. American Economic Review,
2016, 106(9), pp. 2407–2425. A previous version of this paper was circulated
under the title Aggregating
Tastes, Beliefs, and Attitudes under Uncertainty,
2014.
Ambiguïté, comportements et marchés financiers, with M. Jeleva, Actualité
Economique, 2016, vol. 92, p.351-383.
Harsanyi's aggregation theorem with incomplete preferences,
with E.Danan and T. Gajdos,
American Economic Journal: Microeconomics, 2015,7(1),
pp.61-69.
Aggregation
of sets of von Neumann-Morgenstern utilities,
with E.Danan and T. Gajdos,
Journal of Economic Theory, 2013, Vol. 148(2), pp.663-688.
Decision
theory under ambiguity, with J. Etner
and M. Jeleva, Journal of Economic Surveys,
2012, Vol. 26 (2), pp. 234-270.
An
experimental investigation of imprecision attitude and its relation with risk
attitude and impatience, with M.Cohen
and J.-C. Vergnaud. Theory and Decision,
2011, vol 71 (1), pp.81-110.
Are beliefs a matter of taste ? A case for Objective Imprecise Information,
with R. Giraud. Theory and Decision, 2011 vol.71, (1), pp.23-32.
Representation
and Aggregation of Preferences under Uncertainty,
with T. Gajdos and J.-C.
Vergnaud, previous title: On the Impossibility of
Preference Aggregation under Uncertainty, Journal of Economic Theory, 2008 ; vol N°141(1), pp.68-99.
A comment on
‘Ellsberg's 2-color experiment, portfolio inertia and ambiguity’ with
Y. Higashi, S. Mukerji, N. Takeoka, International Journal of Economic Theory,
2008, vol. 4, pp.433-444.
Attitude
toward imprecise information with T. Gajdos, T. Hayashi, and J.-C. Vergnaud,
Journal of Economic Theory 2008, vol
N°140(1), pp.23-56.
Incertitude et information en économie de l'environnement.
Choix privés et attitudes individuelles face à l'incertitude, with J.-C. Vergnaud, Revue
Française d’Economie, 2007, vol XXII (2) pp.3-56.
Incertitude stratégique et sélection d’équilibre : deux applications. Revue
d’Economie Industrielle, special issue «
Processus de contagion et interactions stratégiques », n°114-115, p. 105-118,
sept. 2006.
Beliefs and
dynamic consistency with J.-C. Vergnaud,
chapter 7 in Knowledge, Beliefs and Economics, R. Arena and A. Festré eds, Edward Elgar
publishers, 2006.
Monotone
continuous multiple priors with M. Marinacci, F. Maccheroni, and
A. Chateauneuf. Economic Theory, 2005 N°26
(4), pp.973-982.
Ambiguity
aversion and the absence of debt indexation with
S. Mukerji. Economic Theory, 2004, N°24(3),
pp. 665-685. Longer version in Essays in Dynamic General Equilibrium
Theory, Festschrift for David Cass, Studies in Economic Theory, Vol.20, A. Citanna, J. Donaldson, H. Polemarchakis,
P. Siconolfi, S. Spear editors, Springer Verlag, 2005, pp143-180.
An overview
of economic applications of David Schmeidler's
models of decision making under uncertainty. with S. Mukerj). Chapter 13 in
Uncertainty in Economic Theory: A collection of essays in honor of David Schmeidler's 65th birthday, I. Gilboa
ed, Routledge Publishers, 2004.
Communication
among agents: a way to revise beliefs in KD45 Kripke
structures with J.-C. Vergnaud
and S. Zamir, Journal of Applied Non Classical
Logic, 2004, N°14(4), pp.477-500.
Choice
axioms for a positive value for information with
J.-C. Vergnaud, chapter 14 in Cognitive Economics, P.Bourgine and J.P Nadal (eds),
Springer Verlag, 2004.
Ambiguity
aversion and the absence of wage indexation with
S. Mukerji. Journal of Monetary Economics,
2004, N°51(3), pp.653-670.
Decision
making with imprecise probabilistic information with
T. Gajdos and J.-C. Vergnaud.
Journal of Mathematical Economics, 2004, N°40(6), pp.647-681.
Ellsberg's
2-color experiment, portfolio inertia and ambiguity with
S. Mukerji. Journal of Mathematical Economics,
2003, N°39 (3-4), pp.299-316. Correction in "Ellsberg's
2-color experiment, portfolio inertia and ambiguity"
(with Y. Higashi, S. Mukerji,
N. Takeoka)
Fairness
under uncertainty with T. Gajdos,
Economics Bulletin, 2002, Vol. 4, N° 18, 1-7.
Quels outils pour
l'expression des croyances dans l'incertain? with
J.-C. Vergnaud, March 2002, Risques, n°49,
pp.93-98.
Bargaining over an uncertain outcome: the role of beliefs, with A. Billot, A. Chateauneuf, and I. Gilboa. Decision in Economics and Finance, 2002,
N°25(1), pp.33-45.
Beliefs and
Pareto efficient sets: a remark with T. Gajdos. Journal of Economic Theory, 2002,
N°102(2), pp.467-471.
Diversification,
convex preferences and non-empty core in the Choquet
expected utility model with A. Chateauneuf,
Economic Theory, 2002, N°19(3), pp.509-523.
Sharing beliefs and the absence of betting in the Choquet
expected utility model, with A. Billot, A.Chateauneuf, and
I. Gilboa. Statistical Papers, N°43, 2002,
pp.127-136.
Ambiguity
aversion and incompleteness of financial markets with
S. Mukerji. Review of Economic Studies,
N°68(4), 2001, pp.883-904. Download the longer
version.
Optimal
risk-sharing rules and equilibria with non-additive expected utility with
A. Chateauneuf and R.A. Dana, Journal of
Mathematical Economics, N°34(2), 2000, pp. 191-214.
Allais'
trading process and the dynamic evolution of a market econnomy with
J.M Courtault, Economic Theory, N°16 (2),
2000, pp.477-481.
Décision dans le risque et l'incertain: l'apport des modèles
non-additifs with M. Cohen, Revue d'Economie
Politique, N°110(5), 2000, pp.631-681.
Sharing
beliefs: between agreeing and disagreeing with A. Billot, A. Chateauneuf and, I. Gilboa, Econometrica, N°68 (3), 2000,
pp.685-694.
Pessimisme et absence
d'échange sur les marchés financiers, Revue d'Economie Politique,
N°110(2), 2000, pp.231-241.
Unawareness
and Bankruptcy: a General Equilibrium Model with
S.Modica and A.Rustichini,
Economic Theory, N°12 (2), 1998, pp.259-292.
Asymetric
Information, Non-Additive Expected Utility and the Information Revealed by
Prices: An Example, International Economic Review,
N°39, 1998, pp.329-342.
Do sunspots
matter when agents are Choquet-expected-utility
maximizers? Journal of Economic
Dynamics and Control,N° 22, 1998, pp.357-368.
Equilibre général. Une introduction Vuibert, 1997.
Risque microéconomique et prix d’actifs dans un modèle d’équilibre général
avec espérance d’utilité dépendante du rang, Finance, Revue de
l'Association Française de Finance, N° 18, 1997, pp. 139-153.
Risque microéconomique, aversion à l'incertitude et indétermination de
l'équilibre, Annales d'Economie et de Statistique, N°48, 1997,
pp.211-226.
Optimalité de la politique monétaire dans une économie financière de marchés,
with F. Portier, Revue d'Economie Politique,
N°3, 1996, pp. 451-464.
On Multiple Equilibria and the Rational Expectations Hypothesis, Economic
Theory, N°7, 1996,pp 113-124.
On the Non-Neutrality and Optimality of Monetary Policy when Financial
Markets are Incomplete: A Macroeconomic Perspective, withF.Portier,
Ricerche Economiche,
N°49, pp.33-49, 1995.
Théorie de l'équilibre
général avec marchés financiers incomplets, Revue Economique,
N°6, 1995, pp 1207-1241.
Real Indeterminacy of Equilibria in a Sunspot Economy with Inside
Money, with S.Suda and A.Villanacci,
Economic Theory, N°2, 1992, pp.309-319.
