6 citations · 7 across the 4 of their papers we have counts for
5 papers
Betting under Common Beliefs: The Effect of Probability Weighting
Patrick Beissner, Tim Boonen, Mario Ghossoub
This paper examines the impact of introducing a Rank-Dependent Utility (RDU) agent into a von Neumann-Morgenstern (vNM) pure-exchange economy with no aggregate uncertainty. In the…
Robust Contracting in General Contract Spaces
Julio Backhoff-Veraguas, Patrick Beissner, Ulrich Horst
We consider a general framework of optimal mechanism design under adverse selection and ambiguity about the type distribution of agents. We prove the existence of optimal mechanism…
A compact topology for -algebra convergence
Patrick Beissner, Jonas M. Tölle
We propose a sequential topology on the space of sub--algebras of a separable probability space by linking conditional expectations on along…
Non-Implementability of Arrow-Debreu Equilibria by Continuous Trading under Knightian Uncertainty
Patrick Beissner, Frank Riedel
Under risk, Arrow-Debreu equilibria can be implemented as Radner equilibria by continuous trading of few long-lived securities. We show that this result generically fails if there…
Coherent Price Systems and Uncertainty-Neutral Valuation
Patrick Beißner
We consider fundamental questions of arbitrage pricing arising when the uncertainty model is given by a set of possible mutually singular probability measures. With a single probab…