Essays in economics dynamics and uncertainty

dc.contributor.advisorCorbae, Deanen
dc.contributor.advisorStinchcombe, Maxwellen
dc.contributor.committeeMemberMathevet, Laurenten
dc.contributor.committeeMemberWiseman, Thomasen
dc.contributor.committeeMemberZitkovic, Gordanen
dc.creatorDumav, Martinen 2012en
dc.description.abstractThis work presents a systematic investigation of two topics. One is in stochastic dynamic general equilibrium. It incorporates private information into dynamic general equilibrium framework. An existence of competitive equilibrium is established. Quantitative analysis is provided for health insurance problem. The other topic is in decision problems under ambiguity. Lack of precise information regarding a decision problem is represented by a set of probabilities. Descriptive richness of the set of probabilities is defi ned. It is used to generalize Skorohod's theorem to sets of probabilities. The latter is used to show the constancy of the coefficient in alpha-maximin multiple prior preferences. Examples illustrate: the implications of this representation; and the restrictions arising from the failure of descriptive richness.en
dc.subjectDynamic stochastic general equilibriumen
dc.subjectAsymmetric informationen
dc.subjectHealth insuranceen
dc.subjectDecision problems with ambiguityen
dc.subjectSkorohod's representation theoremen
dc.subjectSets of probabilitiesen
dc.subjectMultiple prior modelsen
dc.titleEssays in economics dynamics and uncertaintyen