Results 11 to 20 of about 78,009 (326)

Ambiguity and Conflict Aversion When Uncertainty Is in the Outcomes

open access: yesFrontiers in Psychology, 2019
We argue that the way ambiguity has been operationalized throughout the literature on ambiguity effects has an important limitation, insofar as ambiguity in outcomes has been neglected.
Michael Smithson   +2 more
exaly   +3 more sources

Alcohol reduces aversion to ambiguity [PDF]

open access: yesFrontiers 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
doaj   +3 more sources

Comparing descriptive and theoretical models of decision-making under uncertainty and their relation to socioeconomic factors. [PDF]

open access: yesPLoS ONE
This study examines the selection and validation of measurement models for decision-making under uncertainty, with particular emphasis on the integration of socioeconomic contexts in these models. We critically compared four distinct models, differing in
Brendan Lam   +3 more
doaj   +2 more sources

Acute stress affects risk taking but not ambiguity aversion [PDF]

open access: yesFrontiers 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
doaj   +2 more sources

Ambiguity Aversion and Underdiversification [PDF]

open access: bronzeJournal 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
openalex   +3 more sources

An examination of ambiguity aversion [PDF]

open access: yesJudgment and Decision Making, 2007
Ambiguity aversion has been widely observed in individuals' judgments. Using scenarios that are typical in decision analysis, we investigate ambiguity aversion for pairs of individuals.
L. Robin Keller   +2 more
doaj   +1 more source

Ambiguity aversion and household portfolio choice puzzles: Empirical evidence [PDF]

open access: yesJournal of Financial Economics, 2016
Stephen G Dimmock   +2 more
exaly   +2 more sources

Preference for Randomization - Ambiguity Aversion and Inequality Aversion [PDF]

open access: yes, 2010
In Anscombe and Aumann’s (1963) domain, there are two types of mixtures. One is an ex–ante mixture, or a lottery on acts. The other is an ex–post mixture, or a state–wise mixture of acts.
Kota Saito
core   +5 more sources

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