Results 21 to 30 of about 78,009 (326)
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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The Moral Burden of Ambiguity Aversion [PDF]
CoRR, 2020 The original document was prepared for the PEA Soup Discussion held on May, 15 2019 :http://peasoup.us/2019/05/ppa-discussion-thomas-rowe-and-alex-voorhoeves-egalitarianism-under-severe-uncertainty-with-critical-precis-by-brian-jabarian/
Jabarian, Brian
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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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Randomization and Ambiguity Aversion [PDF]
Econometrica, 2020 We propose a model of preferences in which the effect of randomization on ambiguity depends on how the unknown probability law is determined. We adopt the framework of Anscombe and Aumann (1963) and relax the axioms. In the resulting representation of the individual's preference, the individual has a collection of sets of priors
Ke, Shaowei, Zhang, Qi
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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
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Are Policymakers Ambiguity Averse?* [PDF]
The Economic Journal, 2019 Abstract We investigate the ambiguity preferences of a unique sample of real-life policymakers at the Paris UN climate conference (COP21). We find that policymakers are generally ambiguity averse. Using a simple design, we are moreover able to show that these preferences are not necessarily due to an irrational behavior, but rather to ...
Berger, Loïc, Bosetti, Valentina
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Gender Differences in Risk Aversion and Ambiguity Aversion [PDF]
SSRN Electronic Journal, 2009 This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders, can be accounted for by differences in personality traits
Lex Borghans +3 more
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Ambiguity aversion and trade [PDF]
Economic Theory, 2011 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
de Castro, Luciano, Chateauneuf, Alain
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Ambiguity Aversion is the Exception [PDF]
SSRN Electronic Journal, 2015 An extensive literature has studied ambiguity aversion in economic decision making, and how ambiguity aversion can account for empirically observed violations of expected utility-based theories. Almost all relevant applied models presume a general dislike of ambiguity.
Martin G. Kocher +2 more
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Ambiguity aversion and the degree of ambiguity
Journal of Risk and Uncertainty, 2023 AbstractWe empirically show that sample information not only moderates prospects’ outcome ambiguity but also decision makers’ revealed aversion of them. Since most natural prospects permit at least some sample inference, accounting for their degree of ambiguity improves prediction of aversion.
Ronald Klingebiel, Feibai Zhu
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