Hierarchies of ambiguous beliefs

Risk, Ambiguity, and the Savage Axioms

Daniel Ellsberg · The Quarterly Journal of Economics · 1961 · 7.9K citations

Business, Mathematics, Philosophy +12

Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework

Larry G. Epstein, Stanley E. Zin · Econometrica · 1989 · 4.5K citations

Social Sciences, Economics, Finance +17

Maxmin expected utility with non-unique prior

Itzhak Gilboa, David Schmeidler · Journal of Mathematical Economics · 1989 · 4.2K citations

Business, Mathematics, Decision Theory +8

Game theory: analysis of conflict

Roger B. Myerson · Choice Reviews Online · 1992 · 3.4K citations

Social Sciences, Decision Sciences, Economics +17

Subjective Probability and Expected Utility without Additivity

David Schmeidler · Econometrica · 1989 · 2.3K citations

Business, Economics, Mathematics +16