Testing dynamic consistency and consequentialism under ambiguity

Accounting for ambiguity aversion in dynamic decisions generally implies that either dynamic consistency or consequentialism must be given up. To gain insight into which of these principles better describes people's preferences we tested them using a variation of Ellsberg's three-color urn...

Full description

Saved in:
Bibliographic Details
Main Authors: Bleichrodt, Han (Author) , Eichberger, Jürgen (Author) , Grant, Simon (Author) , Kelsey, David (Author) , Li, Chen (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Nottingham CEDEX, Centre for Decision Research & Experimental Economics November 2020
Series:CeDEx discussion paper series no. 2020, 17
In: CEDEX discussion paper series (no. 2020, 17)

Subjects:
Online Access:Verlag, kostenfrei: https://www.nottingham.ac.uk/cedex/documents/papers/cedex-discussion-paper-2020-17.pdf
Verlag, kostenfrei: https://www.nottingham.ac.uk/cedex/news/papers/2020-17.aspx
Resolving-System, kostenfrei: http://hdl.handle.net/10419/248289
Get full text
Author Notes:Han Bleichrodt, Jurgen Eichberger, Simon Grant, David Kelsey and Chen Li
Search Result 1

Testing dynamic consistency and consequentialism under ambiguity by Bleichrodt, Han (Author) , Eichberger, Jürgen (Author) , Grant, Simon (Author) , Kelsey, David (Author) , Li, Chen (Author) ,


Get full text
Article (Journal)
Search Result 2

Testing dynamic consistency and consequentialism under ambiguity by Bleichrodt, Han (Author) , Eichberger, Jürgen (Author) , Grant, Simon (Author) , Kelsey, David (Author) , Li, Chen (Author) ,


Get full text
Article (Journal) Online Resource