IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-04072488.html
   My bibliography  Save this paper

On stochastic independence under ambiguity

Author

Listed:
  • Federica Ceron

    (GATE Lyon Saint-Étienne - Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne - ENS de Lyon - École normale supérieure de Lyon - UL2 - Université Lumière - Lyon 2 - UCBL - Université Claude Bernard Lyon 1 - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique)

  • Vassili Vergopoulos

    (LEMMA - Laboratoire d'économie mathématique et de microéconomie appliquée - Université Paris-Panthéon-Assas)

Abstract

We provide behavioral characterizations of notions of stochastic independence between two sources of uncertainty for agents with ambiguity-sensitive preferences. These notions, inspired from the literature on imprecise probabilities, include the independent product of two sets of marginal beliefs proposed by Gilboa and Schmeidler (J Math Econ 18(2): 141–153, 1989) in their seminal paper. Our analysis draws a clear relationship between the property of dynamic consistency of preferences and some form of stochastic independence between the relevant events.

Suggested Citation

  • Federica Ceron & Vassili Vergopoulos, 2020. "On stochastic independence under ambiguity," Post-Print halshs-04072488, HAL.
    • Handle: RePEc:hal:journl:halshs-04072488
    DOI: 10.1007/s00199-020-01267-z
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-04072488. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.