• A
  • A
  • A
  • АБВ
  • АБВ
  • АБВ
  • A
  • A
  • A
  • A
  • A
Обычная версия сайта
  • RU
  • EN
  • HSE University
  • Publications
  • Articles
  • Dynamic Consistency and Rectangularity for the Smooth Ambiguity Model
  • RU
  • EN
Расширенный поиск
Высшая школа экономики
Национальный исследовательский университет
Priority areas
  • business informatics
  • economics
  • engineering science
  • humanitarian
  • IT and mathematics
  • law
  • management
  • mathematics
  • sociology
  • state and public administration
by year
  • 2027
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 2000
  • 1999
  • 1998
  • 1997
  • 1996
  • 1995
  • 1994
  • 1993
  • 1992
  • 1991
  • 1990
  • 1989
  • 1988
  • 1987
  • 1986
  • 1985
  • 1984
  • 1983
  • 1982
  • 1981
  • 1980
  • 1979
  • 1978
  • 1977
  • 1976
  • 1975
  • 1974
  • 1973
  • 1972
  • 1971
  • 1970
  • 1969
  • 1968
  • 1967
  • 1966
  • 1965
  • 1964
  • 1963
  • 1958
  • More
Subject
News
May 25, 2026
HSE Scientists Train Neural Network to 'Hear' Faults in Electric Motors
Researchers at the AI and Digital Science Institute of the HSE Faculty of Computer Science have developed a new method—the Signature-Guided Data Augmentation (SGDA) framework—that achieves 99% accuracy in motor fault detection and 86% accuracy in fault classification. The application of this approach can reduce industrial equipment repair costs, minimise downtime, and improve production safety. The study results have been published in Engineering Applications of Artificial Intelligence.
May 25, 2026
'The Humanities Serve as a Conscience'
Maria Mizernaia studies Soviet literature and the history of book publishing. In this interview for the HSE Young Scientists project, she discusses plans to publish a novel about besieged Leningrad, AI-provoked reflections on what it means to be human, and how novels can help satisfy our dopamine hunger.
May 25, 2026
Is It Possible to Predict a Citys Life Based on the Shape of Its Neighbourhoods?
Is it possible to predict, based on the configuration of streets and buildings, where a café will open or where traffic congestion will occur? Participants in the Spatial Analysis and Modelling of Urban Processes research and study group use open data and machine learning to identify universal patterns. Alexander Sheludkov and Eduard Somov discuss the purpose of comparing cities, the need for new forms of urban statistics, and how open data is transforming approaches to urban studies.

 

Have you spotted a typo?
Highlight it, click Ctrl+Enter and send us a message. Thank you for your help!

Publications
  • Books
  • Articles
  • Chapters of books
  • Working papers
  • Report a publication
  • Research at HSE

?

Dynamic Consistency and Rectangularity for the Smooth Ambiguity Model

Journal of Economic Theory . 2025. Vol. 225. Article 105991.
Savochkin A., Shklyaev A., Galatenko A. V.

We study the Smooth Ambiguity decision criterion in the dynamic setting to understand when it can satisfy the Dynamic Consistency and Consequentialism properties. These properties allow one to rewrite the decision criterion recursively and solve for optimal decisions by Dynamic Programming. Our result characterizes the possibility of having these properties through a condition that resembles Epstein and Schneider's (2003) rectangularity condition for the maxmin model. At the same time, we show that Dynamic Consistency and Consequentialism can be achieved for Smooth Ambiguity preferences in a narrower set of scenarios than one would hope for.

Language: English
DOI
Text on another site
Keywords: consequentialismSmooth ambiguityDynamic consistencyrectangularity
Similar publications
Экстерриториальное применение как проблема концепции прав человека
Лучкин Ф. В., Московский журнал международного права 2026 No. 1 P. 52–62
INTRODUCTION. If the legal recognition of human rights depends on belonging to “all members of the human family”, then the existence of the scope of application of human rights ratione loci is logically contradictory. Either there should be no territorial restrictions on the application of human rights, or the provisions of the Universal Declaration of ...
Added: May 15, 2026
Commentary: Rectangularity is stronger than symmetry in interpreting 2D pictures as 3D objects
Sawada T., Dvoeglazova M., Frontiers in Human Neuroscience 2023 Vol. 17 Article 1138287
In this note, we are commenting on a paper by Sugihara and Pinna (2022, referred to as SP22 in this note) published in Frontiers in Human Neuroscience. SP22 discussed the role of rectangularity in the perception of 3D shapes based on the results of two behavioral experiments and on their observations of some visual illusions ...
Added: May 21, 2024
A role of rectangularity in perceiving a 3D shape of an object
Dvoeglazova M., Sawada T., Vision Research 2024 Vol. 221 Article 108433
Rectangularity and perpendicularity of contours are important properties of 3D shape for the visual system and the visual system can use them asa prioriconstraints for perceivingshape veridically. The presentarticle provides a comprehensive review ofpriorstudiesofthe perception of rectangularity and perpendicularity anditdiscussestheir effects on3D shape perception from both theoretical and empiricalapproaches. It has been shown that the ...
Added: May 21, 2024
Дистрибутивные теории справедливости: от утилитаризма и обратно
Balashov D., Антиномии 2021 Т. 21 № 3 С. 7–29
For half a century, the problem of justice has been one of the most controversial and debated in Western academic science. For the Anglo-American tradition, the starting point for controversy about distributive justice can be considered 1971, when the philosopher John Rawls published work The Theory of Justice. This book made a revolution, on the one hand, provoking a ...
Added: January 10, 2022
Testing dynamic consistency and consequentialism under ambiguity
Bleichrodt H., Eichberger J. T., Grant S. et al., European Economic Review 2021 Vol. 134 Article 103687
Accounting for ambiguity aversion in dynamic decisions generally implies that either dy- namic consistency or consequentialism must be given up. To gain insight into which of these principles better describes people’s preferences, we tested them using a variation of Ellsberg’s three-color urn experiment. Subjects were asked to make a choice both before and after they ...
Added: October 31, 2021
Балансирование ценностей и ценность балансирования (часть вторая)
Gadzhiev G., Войниканис Е. А., Вопросы философии 2021 № 10 С. 53–64
The second part of the article is devoted to the analysis of two epistemological problems that are directly related to the balancing of values in judicial practice – the nature of human rights and the relationship between law and non-legal normativity. According to the authors, the dispute between Habermas and Alexy over what is the ...
Added: October 21, 2021
Optimal portfolio under ambiguous ambiguity
Makarov D., Finance Research Letters 2021 No. 43 Article 101961
A prominent approach to modelling ambiguity about stock return distribution is to assume that investors have multiple priors about the distribution and these priors are distributed according to a certain second-order distribution. Realistically, investors may also have multiple priors about the second-order distribution, thus allowing for ambiguous ambiguity. Despite a long history of debates about this idea ...
Added: February 11, 2021
Действие, норма и ценность в практической аргументации
Lisanyuk E., В кн.: Аргументация в праве и морали. Коллективная монография.: СПб.: Общество с ограниченной ответственностью "Издательский Дом "Алеф-Пресс", 2018. С. 9–36.
Argumentation in law and morals often, if not always, concerns human actions and conduct, for which rational agents’ reasoning aim to justify a line of behavior by promoting some value, observing relevant norms or weighing alternative ways of how to achieve a certain goal. Such argumentation is called practical and it contrasts theoretical argumentation, over ...
Added: October 29, 2020
Ambiguity Attitudes and Self-Confirming Equilibrium in Sequential Games
Battigalli P., Catonini E., Lanzani G. et al., Games and Economic Behavior 2019 Vol. 115 P. 1–29
We consider a game in extensive form recurrently played by agents who are randomly drawn from large populations and matched. We assume that preferences over actions at any information set admit a smooth-ambiguity representation in the sense of Klibanoff, Marinacci, and Mukerji (Econometrica, 2005), which may induce dynamic inconsistencies. We take this into account in ...
Added: February 15, 2019
Libero Arbitrio e Retributivà
Bronzo S., Rivista di Filosofia 2006 Vol. XCVII No. 1 P. 59–81
The paper is organized in three parts. In the first part, the author specifies a certain notion of free will—free will as "ultimate self-determination"—and argues that it is a conceptual illusion. In the second part, he argues, against P.F. Strawson, that the recognition of the illusory character of that notion of free will is not ...
Added: October 5, 2016
  • About
  • About
  • Key Figures & Facts
  • Sustainability at HSE University
  • Faculties & Departments
  • International Partnerships
  • Faculty & Staff
  • HSE Buildings
  • HSE University for Persons with Disabilities
  • Public Enquiries
  • Studies
  • Admissions
  • Programme Catalogue
  • Undergraduate
  • Graduate
  • Exchange Programmes
  • Summer University
  • Summer Schools
  • Semester in Moscow
  • Business Internship
  • Research
  • International Laboratories
  • Research Centres
  • Research Projects
  • Monitoring Studies
  • Conferences & Seminars
  • Academic Jobs
  • Yasin (April) International Academic Conference on Economic and Social Development
  • Media & Resources
  • Publications by staff
  • HSE Journals
  • Publishing House
  • iq.hse.ru: commentary by HSE experts
  • Library
  • Economic & Social Data Archive
  • Video
  • HSE Repository of Socio-Economic Information
  • HSE1993–2026
  • Contacts
  • Copyright
  • Privacy Policy
  • Site Map
Edit