Time-Consistent Investment Under Model Uncertainty: The Robust Forward Criteria

Risk, Ambiguity, and the Savage Axioms

Daniel Ellsberg · The Quarterly Journal of Economics · 1961 · 7.8K citations

Engineering, Behavioral Decision Making, Uncertainty Evaluation +22

Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case

Robert C. Merton · The Review of Economics and Statistics · 1969 · 5.3K citations

Portfolio Choice, Asset Pricing, Consumption Rules +18

The Foundations of Statistics.

I. J. Good, Leonard J. Savage · Journal of the Royal Statistical Society Series A (General) · 1955 · 4.7K citations

Engineering, Statistical Foundation, Statistical Evidence +6

Maxmin expected utility with non-unique prior

Itzhak Gilboa, David Schmeidler · Journal of Mathematical Economics · 1989 · 4.1K citations

Engineering, Stochastic Optimization, Uncertainty Quantification +4

Theory of Games and Economic Behavior

E. ROWLAND · Nature · 1946 · 3.3K citations

Economics, Non-cooperative Game Theory, Game Theory +5