Hedging, ambiguity, and the reversal of order axiom
We ran experiments that gave subjects a straight-forward and simple opportunity to hedge away ambiguity in an Ellsberg-style experiment. Subjects had to make bets on the combined outcomes of a fair coin and a draw from an ambiguous urn. By modifying the timing of the draw, coin flip, and decision, w...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Dokumenttyp: | Article (Journal) |
| Sprache: | Englisch |
| Veröffentlicht: |
26 July 2019
|
| In: |
Games and economic behavior
Year: 2019, Jahrgang: 117, Pages: 380-387 |
| ISSN: | 1090-2473 |
| DOI: | 10.1016/j.geb.2019.07.007 |
| Online-Zugang: | Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.geb.2019.07.007 Verlag, Volltext: http://www.sciencedirect.com/science/article/pii/S0899825619301058 
|
| Verfasserangaben: | Jörg Oechssler, Hannes Rau, Alex Roomets |
MARC
| LEADER | 00000caa a2200000 c 4500 | ||
|---|---|---|---|
| 001 | 1675670129 | ||
| 003 | DE-627 | ||
| 005 | 20220816215640.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 190902s2019 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1016/j.geb.2019.07.007 |2 doi | |
| 035 | |a (DE-627)1675670129 | ||
| 035 | |a (DE-599)KXP1675670129 | ||
| 035 | |a (OCoLC)1341238715 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a 17 |2 sdnb | ||
| 100 | 1 | |a Oechssler, Joerg |e VerfasserIn |0 (DE-588)118045083 |0 (DE-627)509801927 |0 (DE-576)291684483 |4 aut | |
| 245 | 1 | 0 | |a Hedging, ambiguity, and the reversal of order axiom |c Jörg Oechssler, Hannes Rau, Alex Roomets |
| 264 | 1 | |c 26 July 2019 | |
| 300 | |a 8 | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 500 | |a Gesehen am 02.09.2019 | ||
| 520 | |a We ran experiments that gave subjects a straight-forward and simple opportunity to hedge away ambiguity in an Ellsberg-style experiment. Subjects had to make bets on the combined outcomes of a fair coin and a draw from an ambiguous urn. By modifying the timing of the draw, coin flip, and decision, we are able to test the reversal-of-order axiom. Our main result is that the reversal-of-order axiom seems to hold. We also confirm low levels of ambiguity hedging despite the relative obviousness of the opportunity. | ||
| 650 | 4 | |a Ellsberg paradox | |
| 650 | 4 | |a Experiment | |
| 650 | 4 | |a Hedging | |
| 650 | 4 | |a Reversal of order axiom | |
| 700 | 1 | |a Rau, Hannes |d 1985- |e VerfasserIn |0 (DE-588)1118867955 |0 (DE-627)872331636 |0 (DE-576)479657491 |4 aut | |
| 700 | 1 | |a Roomets, Alex |e VerfasserIn |0 (DE-588)1049180615 |0 (DE-627)781296420 |0 (DE-576)403126886 |4 aut | |
| 773 | 0 | 8 | |i Enthalten in |t Games and economic behavior |d Amsterdam [u.a.] : Elsevier, 1989 |g 117(2019), Seite 380-387 |h Online-Ressource |w (DE-627)266878547 |w (DE-600)1467668-0 |w (DE-576)104082119 |x 1090-2473 |7 nnas |a Hedging, ambiguity, and the reversal of order axiom |
| 773 | 1 | 8 | |g volume:117 |g year:2019 |g pages:380-387 |g extent:8 |a Hedging, ambiguity, and the reversal of order axiom |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Oechssler, Joerg |t Hedging, ambiguity, and the reversal of order axiom |d 2019 |w (DE-627)1700401831 |
| 787 | 0 | 8 | |i Forschungsdaten |a Oechssler, Joerg |t Hedging, ambiguity, and the reversal of order axiom [dataset] |d Heidelberg : Universität, 2019 |h 1 Online-Ressource (5 Files) |w (DE-627)1675669724 |
| 856 | 4 | 0 | |u https://doi.org/10.1016/j.geb.2019.07.007 |x Verlag |x Resolving-System |z lizenzpflichtig |3 Volltext |
| 856 | 4 | 0 | |u http://www.sciencedirect.com/science/article/pii/S0899825619301058 |x Verlag |3 Volltext |
| 951 | |a AR | ||
| 992 | |a 20190902 | ||
| 993 | |a Article | ||
| 994 | |a 2019 | ||
| 998 | |g 1118867955 |a Rau, Hannes |m 1118867955:Rau, Hannes |d 180000 |d 181000 |e 180000PR1118867955 |e 181000PR1118867955 |k 0/180000/ |k 1/180000/181000/ |p 2 | ||
| 998 | |g 118045083 |a Oechssler, Joerg |m 118045083:Oechssler, Joerg |d 180000 |d 181000 |e 180000PO118045083 |e 181000PO118045083 |k 0/180000/ |k 1/180000/181000/ |p 1 |x j | ||
| 999 | |a KXP-PPN1675670129 |e 3510833465 | ||
| BIB | |a Y | ||
| SER | |a journal | ||
| JSO | |a {"title":[{"title":"Hedging, ambiguity, and the reversal of order axiom","title_sort":"Hedging, ambiguity, and the reversal of order axiom"}],"language":["eng"],"physDesc":[{"extent":"8 S."}],"note":["Gesehen am 02.09.2019"],"name":{"displayForm":["Jörg Oechssler, Hannes Rau, Alex Roomets"]},"person":[{"given":"Joerg","family":"Oechssler","display":"Oechssler, Joerg","role":"aut"},{"display":"Rau, Hannes","family":"Rau","role":"aut","given":"Hannes"},{"role":"aut","display":"Roomets, Alex","family":"Roomets","given":"Alex"}],"type":{"media":"Online-Ressource","bibl":"article-journal"},"relHost":[{"origin":[{"publisher":"Elsevier ; Academic Press","publisherPlace":"Amsterdam [u.a.] ; Orlando, Fla.","dateIssuedKey":"1989","dateIssuedDisp":"1989-"}],"id":{"zdb":["1467668-0"],"eki":["266878547"],"issn":["1090-2473"]},"note":["Gesehen am 19.10.07"],"physDesc":[{"extent":"Online-Ressource"}],"language":["eng"],"title":[{"title_sort":"Games and economic behavior","title":"Games and economic behavior"}],"recId":"266878547","type":{"bibl":"periodical","media":"Online-Ressource"},"pubHistory":["1.1989 -"],"part":{"text":"117(2019), Seite 380-387","year":"2019","extent":"8","pages":"380-387","volume":"117"},"disp":"Hedging, ambiguity, and the reversal of order axiomGames and economic behavior"}],"origin":[{"dateIssuedDisp":"26 July 2019","dateIssuedKey":"2019"}],"id":{"doi":["10.1016/j.geb.2019.07.007"],"eki":["1675670129"]},"recId":"1675670129"} | ||
| SRT | |a OECHSSLERJHEDGINGAMB2620 | ||