Results 81 to 90 of about 3,807 (197)

The effect of elicitation methods on ambiguity aversion: an experimental investigation [PDF]

In this paper we elicit preferences for the classical three-color Ellsberg Paradax employing three different methods, choices, minimal selling prices and maximal buying prices. The resulting data reveal a high frequency of preference reversals which have
Anna Maffioletti, Carsten Schröder, Ulrich Schmidt   +2 more
core  

Rational Expectations and Ambiguity: A Comment on Abel [PDF]

Abel (2002) proposes a resolution of the riskfree rate and the equity premium puzzles by considering pessimism and doubt. Pessimism is characterized by subjective probabilistic beliefs about asset returns that are stochastically dominated by the ...
Alexander Ludwig, Alexander Zimper
core  

Evaluating and selecting arguments in the context of higher order uncertainty. [PDF]

Front Artif Intell, 2023
Straßer C, Michajlova L.
europepmc   +1 more source

Rational expectations and ambiguity: A comment on Abel (2002) [PDF]

Abel (2002) proposes a resolution of the riskfree rate and the equity premium puzzles by considering pessimism and doubt. Pessimism is characterized by subjective probabilistic beliefs about consumption growth rates that are stochastically dominated by ...
Alexander Ludwig, Alexander Zimper
core  

Quantum decision making by social agents

, 2015
The influence of additional information on the decision making of agents, who are interacting members of a society, is analyzed within the mathematical framework based on the use of quantum probabilities.
Aerts D., Ariely D., Arndt C., Arrow K. J., Bather J., Bochner S., Bohr N., Buchanan J. T., Camerer C. F., Didier Sornette, French S., Gollier G., Hastings N. A., Khinchin A. I., Kitto K., Kullback S., Landsburg S. E., Lindgren B. W., Loomes G., Machina M. J., Malevergne Y., Marshall K. T., McFadden D., Neumann von J., Neumann von J., Nielsen M. A., Raiffa H., Rivett P., Savage L. J., Sornette D., Vyacheslav I. Yukalov, White D. I., Williams C. P.   +32 more
core   +2 more sources

LEONARD SAVAGE, THE ELLSBERG PARADOX, AND THE DEBATE ON SUBJECTIVE PROBABILITIES: EVIDENCE FROM THE ARCHIVES

, 2021
Carlo Zappia
openalex   +2 more sources

Ambiguity Attitudes and Social Interactions: An Experimental Investigation [PDF]

This paper reports the results of experiments designed to test (a) whether and to what extent individuals display non-neutral ambiguity attitudes in their choice behavior and (b) if and how do ambiguity attitudes change as a result of interpersonal ...
Dan Levin, Edi Karni, Gary Charness
core  

Focus theory of choice and its application to resolving the St. Petersburg, Allais, and Ellsberg paradoxes and other anomalies

, 2019
Peijun Guo
openalex   +1 more source

Ambiguity aversion, modern Bayesianism and small worlds. [PDF]

Open Res Eur, 2021
Pittis N, Koundouri P, Samartzis P, Englezos N, Papandreou A.   +4 more
europepmc   +1 more source

Cognition and Wealth: The Importance of Probabilistic Thinking [PDF]

This paper utilizes a large set of subjective probability questions from the Health and Retirement Survey to construct an index measuring the precision of probabilistic beliefs (PPB) and relates this index to household choices about the riskiness of ...
Lee Lillard, Robert J. Willis
core