Attitudes to Risk and Uncertainty: New Insights From an Experiment Using Interval Prospects
The predominant way of eliciting risk attitudes is to ask decision-makers to choose between discrete monetary lotteries with known probabilities attached to the payoffs. Yet, arguably, most choices made day-to-day entail continuous outcomes where objective distributions are unknown. This paper inves...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2023-07-01
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| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/21582440231184845 |