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Ambiguity and ambiguity attitudes
Ambiguity refers to scenarios where probabilities are not known nor objectively specified as opposed to scenarios of risk where probability are objectively available. Scenarios with ambiguity are widespread in economics. Based on early thought experiments, subsequent literature has found that many individuals choices are different under ambiguity from ...openaire +1 more source
Ambiguity aversion and household portfolio choice puzzles: Empirical evidence
Journal of Financial Economics, 2016Stephen G Dimmock +2 more
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