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...

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Bibliographic Details
Main Authors: Briony D. Pulford, Poonam Gill
Format: Article
Language:English
Published: Cambridge University Press 2014-03-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500005520/type/journal_article

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