An exploratory investigation of the impact of evaluation context on ambiguity aversion
This paper explores how context influences the evaluation of risky and ambiguous bets in the classic two-colour Ellsberg task. In three experiments context was manipulated via the presence/absence of additional bets against which the risky and ambiguous bets could be compared. In Experiment 1, three...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Cambridge University Press
2019-05-01
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| Series: | Judgment and Decision Making |
| Subjects: | |
| Online Access: | http://journal.sjdm.org/16/16713/jdm16713.pdf |