Add to ORKGMany theories have been put forward to explain attitudes towards ambiguity. This paper reports on an experiment designed to test for the existence of Comparative Ignorance when it is tested over different levels of probabilities. A total of 93 subjects valued a series of gambles, one of which was played out for real. The results do not lend support to the theory, although the relationship between risk and ambiguity does appear to correspond with other theories and previous empirical work
We conducted a set of experiments to compare the e¤ect of ambiguity in single person decisions and g...
Two experiments show that violations of expected utility due to ambiguity, found in general decision...
The problem of ambiguity in games is discussed, and a class of ambiguous games is identified. 195 pa...
Many theories have been put forward to explain attitudes towards ambiguity. This paper reports on an...
Many theories have been put forward to explain attitudes towards ambiguity. This paper reports on an...
An extensive literature has studied ambiguity aversion in economic decision making, and how ambigui...
Ambiguity arises when a decision maker fails to assign a subjective probability to an event. This fa...
Ambiguity preferences are important to explain human decision-making in many areas in economics and ...
The paper examines contests where players perceive ambiguity about their opponents’ strategies and d...
After Ellsberg’s thought experiments brought focus to the relevance of missing information for choic...
Ambiguity aversion has been used to explain a wide range of phenomena in law and policy: incomplete ...
During recent decades, many new models have emerged in pure and applied economic theory according to...
This paper is about behaviour under ambiguity ‒ that is, a situation in which probabilities either d...
People strictly prefer events with known probabilities to those involving unknown probabilities, eve...
This paper provides a systematic analysis of individual attitudes towards ambiguity, based on labora...
We conducted a set of experiments to compare the e¤ect of ambiguity in single person decisions and g...
Two experiments show that violations of expected utility due to ambiguity, found in general decision...
The problem of ambiguity in games is discussed, and a class of ambiguous games is identified. 195 pa...
Many theories have been put forward to explain attitudes towards ambiguity. This paper reports on an...
Many theories have been put forward to explain attitudes towards ambiguity. This paper reports on an...
An extensive literature has studied ambiguity aversion in economic decision making, and how ambigui...
Ambiguity arises when a decision maker fails to assign a subjective probability to an event. This fa...
Ambiguity preferences are important to explain human decision-making in many areas in economics and ...
The paper examines contests where players perceive ambiguity about their opponents’ strategies and d...
After Ellsberg’s thought experiments brought focus to the relevance of missing information for choic...
Ambiguity aversion has been used to explain a wide range of phenomena in law and policy: incomplete ...
During recent decades, many new models have emerged in pure and applied economic theory according to...
This paper is about behaviour under ambiguity ‒ that is, a situation in which probabilities either d...
People strictly prefer events with known probabilities to those involving unknown probabilities, eve...
This paper provides a systematic analysis of individual attitudes towards ambiguity, based on labora...
We conducted a set of experiments to compare the e¤ect of ambiguity in single person decisions and g...
Two experiments show that violations of expected utility due to ambiguity, found in general decision...
The problem of ambiguity in games is discussed, and a class of ambiguous games is identified. 195 pa...