Citation:
Grant, Simon, Ben Polak, and Tomasz Strzalecki. 2009. “Second-Order Expected Utility.” SSRN.
Article PDF | 190 KB |
Abstract:
We present two axiomatizations of the Second-Order Expected Utility model in the context of the standard models of choice under uncertainty.
Notes:
Simon Grant: http://economics.rice.edu/~sgrant/ Ben Polak: http://cowles.econ.yale.edu/faculty/polak.htm