Results 31 to 40 of about 179,903 (308)
Comparing uncertainty aversion towards different sources [PDF]
Theory and Decision, 2016 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Aurélien Baillon +2 more
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A Bayesian Approach to Uncertainty Aversion [PDF]
Review of Economic Studies, 2005 Summary: The Ellsberg paradox demonstrates that people's beliefs over uncertain events might not be representable by subjective probability. We show that if a risk averse decision maker, who has a well defined Bayesian prior, perceives an Ellsberg type decision problem as possibly composed of a bundle of several positively correlated problems, she will
Feltkamp, Vincent, Halevy, Yoram
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NeuroImage, 2022 Studies on decision-making under uncertainty have mainly focused on understanding preferences for either risk or ambiguity using standard lottery designs.
Kim Fairley +3 more
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Aversion to ambiguity and model misspecification in dynamic stochastic environments [PDF]
, 2018 Preferences that accommodate aversion to subjective uncertainty and its potential misspecification in dynamic settings are a valuable tool of analysis in many disciplines.
Hansen, Lars Peter, Miao, Jianjun
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The continuous and changing impact of affect on risky decision-making
Scientific Reports, 2022 Affective experience has an important role in decision-making with recent theories suggesting a modulatory role of affect in ongoing subjective value computations.
Erkin Asutay, Daniel Västfjäll
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Uncertainty avoidance and investment underdiversification.
PLoS ONE, 2022 The relationship between the cultural dimension of uncertainty avoidance and investment underdiversification is examined. A theoretical link between uncertainty avoidance and ambiguity is established, that is, cultural uncertainty avoidance captures the ...
Xinmeng Tang, Xiaoguang Zhou
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A Risk-Averse Newsvendor Model Under the Framework of Uncertainty Theory
IEEE Access, 2019 Due to the ever-changing and complex market environment, companies frequently face highly uncertain demand where data are so insufficient that the use of random or fuzzy variables, which are typically assumed in the literature, is impractical ...
Shengzhong Zhang +3 more
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Decision-Making under Uncertainty: How Easterners and Westerners Think Differently
Behavioral Sciences, 2022 It has long been known that Easterners exhibit more conservative attitudes, cautiousness behaviors, and self-control ability than Westerners; people in Eastern countries show stronger defensive reactions to societal threats than Western people.
Wei Guo, Xin-Rong Chen, Hu-Chen Liu
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Ellsberg Paradox: Ambiguity And Complexity Aversions Compared [PDF]
, 2016 We present a simple model where preferences with complexity aversion, rather than ambiguity aversion, resolve the Ellsberg paradox. We test our theory using laboratory experiments where subjects choose among lotteries that “range” from a simple risky ...
Kovářík, J., Levin, D., Wang, Tao
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The default pull: An experimental demonstration of subtle default effects on preferences
Judgment and Decision Making, 2012 The impact of default options on choice is a reliable, well-established behavioral finding. However, several different effects may lend to choosing defaults in an often indistinguishable manner, including loss aversion, inattention, information leakage ...
Nikhil Dhingra +3 more
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