Good luck, bad luck, and ambiguity aversion
We report a series of experiments investigating the influence of feeling lucky or unlucky on people’s choice of known-risk or ambiguous options using the traditional Ellsberg Urns decision-making task. We induced a state of feeling lucky or unlucky in subjects by using a rigged wheel-of-fortune game...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2014-03-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | https://www.cambridge.org/core/product/identifier/S1930297500005520/type/journal_article |