Ambiguity and Rational Expectations Equilibria
证明了在一般交换经济中，当部分交易者具有非光滑的模糊厌恶偏好时，存在且稳健地存在部分揭示的理性预期均衡，为研究不完全信息揭示提供了易处理的框架。
This paper demonstrates the existence and robustness of partially revealing rational expectations equilibria in general exchange economies when some traders have non-smooth ambiguity-averse preferences. This finding illustrates that models with non-smooth ambiguity aversion provide a relatively tractable framework through which partial information revelation may be studied in a general equilibrium setting without relying on particular distributional or von Neumann–Morgenstern utility assumptions or the presence of “noise.”