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Rheinische Friedrich-Wilhelms-Universität Bonn >
Bonn Graduate School of Economics (BGSE), Universität Bonn >
Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/22871
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Eichberger, Jürgen | | en_US |
| dc.contributor.author | | Kelsey, David H. | | en_US |
| dc.contributor.author | | Schipper, Burkhard C. | | en_US |
| dc.date.accessioned | | 2009-01-29T15:10:34Z | | - |
| dc.date.available | | 2009-01-29T15:10:34Z | | - |
| dc.date.issued | | 2003 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/22871 | | - |
| dc.description.abstract | | We examine the impact of ambiguity on economic behaviour. We present a relatively non-technical account of ambiguity and show how it may be applied in economics. Optimistic and pessimistic responses to ambiguity are formally modelled. We show that pessimism has the effect of increasing (decreasing) equilibrium prices under Cournot (Bertrand) competition. We also examine the effects of ambiguity on peace processes. It is shown that ambiguity can act to select equilibria in coordination games with multiple equilibria. Some comparative statics results are derived for the impact of ambiguity in games with strategic complements. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.relation.ispartofseries | | Bonn econ discussion papers 2003,23 | | en_US |
| dc.subject.jel | | D81 | | en_US |
| dc.subject.jel | | D43 | | en_US |
| dc.subject.jel | | C72 | | en_US |
| dc.subject.jel | | D62 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Ambiguity | | en_US |
| dc.subject.keyword | | Optimism | | en_US |
| dc.subject.keyword | | Oligopoly | | en_US |
| dc.subject.keyword | | Peace processes | | en_US |
| dc.subject.keyword | | Choquet expected utility | | en_US |
| dc.subject.stw | | Entscheidung bei Unsicherheit | | en_US |
| dc.subject.stw | | Soziale Beziehungen | | en_US |
| dc.subject.stw | | Nichtkooperatives Spiel | | en_US |
| dc.subject.stw | | Erwartungsnutzen | | en_US |
| dc.subject.stw | | Oligopol | | en_US |
| dc.subject.stw | | Friedenssicherung | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Ambiguity and Social Interaction | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 384647294 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn
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