Ambiguity aversion in a delay analogue of the Ellsberg Paradox
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. Ambiguity has generally been studied in the domain of risky choice, and many theories of ambi...
मुख्य लेखकों: | , |
---|---|
स्वरूप: | लेख |
भाषा: | English |
प्रकाशित: |
Cambridge University Press
2012-07-01
|
श्रृंखला: | Judgment and Decision Making |
विषय: | |
ऑनलाइन पहुंच: | https://www.cambridge.org/core/product/identifier/S1930297500002734/type/journal_article |