Sampling experience reverses preferences for ambiguity
People often need to choose between alternatives with known probabilities (risk) and alternatives with unknown probabilities (ambiguity). Such decisions are characterized by attitudes towards ambiguity, which are distinct from risk attitudes. Most studies of ambiguity attitudes have focused on the s...
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| Main Authors: | , |
|---|---|
| Format: | Article (Journal) |
| Language: | English |
| Published: |
20 August 2014
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| In: |
Journal of risk and uncertainty
Year: 2014, Volume: 49, Issue: 1, Pages: 31-42 |
| ISSN: | 1573-0476 |
| DOI: | 10.1007/s11166-014-9197-9 |
| Online Access: | Verlag, Volltext: https://doi.org/10.1007/s11166-014-9197-9
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| Author Notes: | Eyal Ert, Stefan T. Trautmann |
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