Results 11 to 20 of about 3,892 (288)
Alcohol reduces aversion to ambiguity [PDF]
Frontiers in Psychology, 2015 Several years ago, Cohen, Dearnaley, and Hansel [1] demonstrated that under the influence of alcohol drivers became more risk prone, although their risk perception remained unchanged.
Tadeusz eTyszka +2 more
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Acute stress affects risk taking but not ambiguity aversion [PDF]
Frontiers in Neuroscience, 2014 Economic decisions are often made in stressful situations (e.g., at the trading floor), but the effects of stress on economic decision making have not been systematically investigated so far.
Magdalena eBuckert +6 more
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Ambiguity Aversion and Underdiversification [PDF]
Journal of Financial and Quantitative Analysis, 2016 We examine asset allocation decisions under smooth ambiguity aversion when an investor has a prior degree of belief in the domestic capital asset pricing model (CAPM). Different from a Bayesian approach, the investor separately relies on the conditional distribution of returns and on the posterior over parameters to make decisions, rather than on the ...
Massimo Guidolin, Hening Liu
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Ambiguity aversion and household portfolio choice puzzles: Empirical evidence [PDF]
Journal of Financial Economics, 2016 Stephen G Dimmock +2 more
exaly +2 more sources
Human factors in triaging forensic items: Casework pressures and ambiguity aversion. [PDF]
Sci JusticeAlmazrouei MA +5 more
europepmc +3 more sources
Preferences after pan(dem)ics: Time and risk in the shadow of COVID-19 [PDF]
Judgment and Decision Making, 2022 This paper uses the COVID-19 health crisis to study how individual preferences respond to generalized traumatic events. We review previous literature on natural and man-made disasters. Using incentive-compatible tasks, we simultaneously estimate risk and
Xavier Gassmann +3 more
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Journal of Integrative Agriculture, 2023 Based on the microdata of 705 wheat farmers in the Loess Plateau, this study empirically analyzes the impact of uncertainty on farmers’ adoption of innovative seeds using a field experiment.
Hai-xia WU, Yan SONG, Le-shan YU, Yan GE
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Review of Economics and Statistics, 2023 Abstract We report the results of two experiments designed to better understand the mechanisms driving decision-making under ambiguity. We elicit individual preferences over different sources of uncertainty, entailing different degrees of complexity, from subjects with different sophistication levels.
Aydogan, Ilke +2 more
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Ambiguity aversion in a delay analogue of the Ellsberg Paradox [PDF]
Judgment and Decision Making, 2012 Decision makers are often ambiguity averse, preferring options with subjectively known probabilities to options with unknown probabilities. The Ellsberg paradox is the best-known example of this phenomenon.
Bethany J. Weber, Wah Pheow Tan
doaj +3 more sources