112 citations · 121 across the 10 of their papers we have counts for
13 papers
Affine Gateaux Differentials and the von Mises Statistical Calculus
Simone Cerreia-Vioglio, Fabio Maccheroni, Massimo Marinacci +2
This paper presents a general study of one-dimensional differentiability for functionals defined on convex domains that are not necessarily open. The local approximation is carried…
Risk Aversion and Insurance Propensity
Fabio Maccheroni, Massimo Marinacci, Ruodu Wang +1
We provide a new foundation of risk aversion by showing that this attitude is fully captured by the propensity to seize insurance opportunities. Our foundation, which applies to al…
Capacities and Choquet Averages of Ultrafilters
Simone Cerreia-Vioglio, Paolo Leonetti, Fabio Maccheroni +1
We show that a normalized capacity is invariant with respect to an ideal on if and only if it can be represent…
Algorithmic Decision Processes
Carlo Baldassi, Fabio Maccheroni, Massimo Marinacci +1
We develop a full-fledged analysis of an algorithmic decision process that, in a multialternative choice problem, produces computable choice probabilities and expected decision tim…
Recursive Preferences and Ambiguity Attitudes
Massimo Marinacci, Giulio Principi, Lorenzo Stanca
Monotonicity and recursivity are central assumptions in intertemporal consumption problems under ambiguity. We show that monotone recursive preferences admit both a recursive and a…
Making Decisions under Model Misspecification
Simone Cerreia-Vioglio, Lars Peter Hansen, Fabio Maccheroni +1
We use decision theory to confront uncertainty that is sufficiently broad to incorporate "models as approximations." We presume the existence of a featured collection of what we ca…