Unraveling Ambiguity Aversion
Author
Suggested Citation
Download full text from publisher
Other versions of this item:
- Ilke Aydogan & Loïc Berger & Valentina Bosetti, 2023. "Unraveling Ambiguity Aversion," Post-Print hal-04071242, HAL.
- Ilke Aydogan & Loïc Berger & Valentina Bosetti, 2023. "Unraveling Ambiguity Aversion," Post-Print hal-04370668, HAL.
References listed on IDEAS
- Peter Klibanoff & Massimo Marinacci & Sujoy Mukerji, 2005.
"A Smooth Model of Decision Making under Ambiguity,"
Econometrica, Econometric Society, vol. 73(6), pages 1849-1892, November.
- Peter Klibanoff & Massimo Marinacci & Sujoy Mukerji, 2002. "A smooth model of decision making under ambiguity," ICER Working Papers - Applied Mathematics Series 11-2003, ICER - International Centre for Economic Research, revised Apr 2003.
- Sujoy Mukerji & Peter Klibanoff & Northwesern University Massimo Marinacci & Dip. di Satistic e Matematica Applicata & Universita di Torino and ICER, 2002. "A Smooth Model of Decision,Making Under Ambiguity," Economics Series Working Papers 113, University of Oxford, Department of Economics.
- Itzhak Gilboa & Fabio Maccheroni & Massimo Marinacci & David Schmeidler, 2010.
"Objective and Subjective Rationality in a Multiple Prior Model,"
Econometrica, Econometric Society, vol. 78(2), pages 755-770, March.
- Itzhak Gilboa & Fabio Maccheroni & Massimo Marinacci & David Schmeidler, 2008. "Objective and Subjective Rationality in a Multiple Prior Model," Carlo Alberto Notebooks 73, Collegio Carlo Alberto, revised 2008.
- Itzhak Gilboa & Fabio Maccheroni & Massimo Marinacci & David Schmeidler, 2010. "Objective and Subjective Rationality in a Multiple Prior Model," Post-Print hal-00537082, HAL.
- Gilboa, Itzhak & Maccheroni, Fabio & Marinacciand, Massimo & Schmeidler, David, 2009. "Objective and Subjective Rationality in a Multiple Prior Model," Foerder Institute for Economic Research Working Papers 275721, Tel-Aviv University > Foerder Institute for Economic Research.
- David Dillenberger, 2010. "Preferences for One‐Shot Resolution of Uncertainty and Allais‐Type Behavior," Econometrica, Econometric Society, vol. 78(6), pages 1973-2004, November.
- Fabio Maccheroni & Massimo Marinacci & Doriana Ruffino, 2013.
"Alpha as Ambiguity: Robust Mean‐Variance Portfolio Analysis,"
Econometrica, Econometric Society, vol. 81(3), pages 1075-1113, May.
- Fabio Maccheroni & Massimo Marinacci & Doriana Ruffino, 2010. "Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis," Working Papers 373, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Steven D. Levitt & John A. List & Sally E. Sadoff, 2011.
"Checkmate: Exploring Backward Induction among Chess Players,"
American Economic Review, American Economic Association, vol. 101(2), pages 975-990, April.
- Steven D. Levitt & John A. List & Sally E. Sadoff, 2009. "Checkmate: Exploring Backward Induction Among Chess Players," NBER Working Papers 15610, National Bureau of Economic Research, Inc.
- Steven Levitt & John List & Sally Sadoff, 2010. "Checkmate: Exploring backward induction among chess players," Artefactual Field Experiments 00081, The Field Experiments Website.
- Segal, Uzi, 1990.
"Two-Stage Lotteries without the Reduction Axiom,"
Econometrica, Econometric Society, vol. 58(2), pages 349-377, March.
- Uzi Segal, 1989. "Two-Stage Lotteries Without the Reduction Axiom," UCLA Economics Working Papers 552, UCLA Department of Economics.
- Uzi Segal, 2000. "Two Stage Lotteries Without the Reduction Axiom," Levine's Working Paper Archive 7599, David K. Levine.
- Mohammed Abdellaoui & Peter Klibanoff & Lætitia Placido, 2015.
"Experiments on Compound Risk in Relation to Simple Risk and to Ambiguity,"
Management Science, INFORMS, vol. 61(6), pages 1306-1322, June.
- Mohammed Abdellaoui & Peter Klibanoff & Laetitia Placido, 2015. "Experiments on compound risk in relation to simple risk and to ambiguity," PSE-Ecole d'économie de Paris (Postprint) hal-01301618, HAL.
- Mohammed Abdellaoui & Peter Klibanoff & Laetitia Placido, 2015. "Experiments on compound risk in relation to simple risk and to ambiguity," Post-Print hal-01301618, HAL.
- Mohammed Abdellaoui & Peter Klibanoff & Laetitia Placido, 2015. "Experiments on compound risk in relation to simple risk and to ambiguity," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01301618, HAL.
- Matthias Sutter & Martin G. Kocher & Daniela Glätzle-Rützler & Stefan T. Trautmann, 2013.
"Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior,"
American Economic Review, American Economic Association, vol. 103(1), pages 510-531, February.
- Matthias Sutter & Martin G. Kocher & Daniela Glätzle-Rützler & Stefan T. Trautmann, 2010. "Impatience and uncertainty: Experimental decisions predict adolescents' field behavior," Working Papers 2010-29, Faculty of Economics and Statistics, Universität Innsbruck.
- Sutter, Matthias & Kocher, Martin G. & Daniela, G.-R. & Trautmann, Stefan T., 2013. "Impatience and uncertainty: Experimental decisions predict adolescents' field behavior," Munich Reprints in Economics 18223, University of Munich, Department of Economics.
- Matthias Sutter & Martin G. Kocher & Daniela Rützler & Stefan T. Trautmann, 2011. "Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior," CESifo Working Paper Series 3635, CESifo.
- Sutter, Matthias & Kocher, Martin G. & Rützler, Daniela & Trautmann, Stefan T., 2010. "Impatience and Uncertainty: Experimental Decisions Predict Adolecents' Field Behavior," Discussion Papers in Economics 12114, University of Munich, Department of Economics.
- Rützler, Daniela & Sutter, Matthias & Kocher, Martin G. & Trautmann, Stefan T., 2011. "Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior," VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48720, Verein für Socialpolitik / German Economic Association.
- Sutter, Matthias & Kocher, Martin G. & Glätzle-Rützler, Daniela & Trautmann, Stefan T., 2010. "Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior," IZA Discussion Papers 5404, Institute of Labor Economics (IZA).
- Berger, Loïc & Bleichrodt, Han & Eeckhoudt, Louis, 2013.
"Treatment decisions under ambiguity,"
Journal of Health Economics, Elsevier, vol. 32(3), pages 559-569.
- BERGER, Loïc & BLEICHRODT, Han & EECKHOUDT, Louis, 2013. "Treatment decisions under ambiguity," LIDAM Reprints CORE 2494, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Loïc Berger & Han Bleichrodt & Louis Eeckhoudt, 2013. "Treatment decisions under ambiguity," Post-Print hal-03027140, HAL.
- L. Berger & H. Bleichrodt & L. Eeckhoudt, 2013. "Treatment decisions under ambiguity," Post-Print hal-00845893, HAL.
- Hansen, Lars Peter, 2013.
"Uncertainty Outside and Inside Economic Models,"
Nobel Prize in Economics documents
2013-7, Nobel Prize Committee.
- Lars Peter Hansen, 2014. "Uncertainty Outside and Inside Economic Models," Working Papers 2014-06, Becker Friedman Institute for Research In Economics.
- Lars Peter Hansen, 2014. "Uncertainty Outside and Inside Economic Models," NBER Working Papers 20394, National Bureau of Economic Research, Inc.
- Segal, Uzi, 1987.
"The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 28(1), pages 175-202, February.
- Uzi Segal, 1985. "The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach," UCLA Economics Working Papers 362, UCLA Department of Economics.
- Ben Gillen & Erik Snowberg & Leeat Yariv, 2019. "Experimenting with Measurement Error: Techniques with Applications to the Caltech Cohort Study," Journal of Political Economy, University of Chicago Press, vol. 127(4), pages 1826-1863.
- Sujoy Mukerji & Jean-Marc Tallon, 2001.
"Ambiguity Aversion and Incompleteness of Financial Markets,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 68(4), pages 883-904.
- Mukerji, S. & Tallon, J.-M., 1999. "Ambiguity Aversion and Incompleteness of Financial Markets," Papiers d'Economie Mathématique et Applications 1999-28, Université Panthéon-Sorbonne (Paris 1).
- Sujoy Mukerji & Jean-Marc Tallon, 2001. "Ambiguity Aversion and Incompleteness of Financial Markets," Post-Print halshs-00174539, HAL.
- Sujoy Mukerji & Jean-Marc Tallon & Université Paris I Panthéon-Sorbonne, 2000. "Ambiguity Aversion and Incompleteness of Financial Markets," Economics Series Working Papers 46, University of Oxford, Department of Economics.
- Sujoy Mukerji & Jean-Marc Tallon, 2001. "Ambiguity Aversion and Incompleteness of Financial Markets," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00174539, HAL.
- Berger, Loïc, 2022.
"What is partial ambiguity?,"
Economics and Philosophy, Cambridge University Press, vol. 38(2), pages 206-220, July.
- Loic Berger, 2021. "What Is Partial Ambiguity?," Working Papers 2021-iRisk-01, IESEG School of Management.
- Loïc Berger, 2022. "What is partial ambiguity?," Post-Print hal-03917781, HAL.
- Loïc Berger, 2022. "What is Partial Ambiguity?," Post-Print hal-03158580, HAL.
- Daniel Kahneman & Amos Tversky, 2013.
"Prospect Theory: An Analysis of Decision Under Risk,"
World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127,
World Scientific Publishing Co. Pte. Ltd..
- Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- Laure Cabantous & Denis Hilton & Howard Kunreuther & Erwann Michel-Kerjan, 2011.
"Is imprecise knowledge better than conflicting expertise? Evidence from insurers’ decisions in the United States,"
Journal of Risk and Uncertainty, Springer, vol. 42(3), pages 211-232, June.
- Laure Cabantous & Denis Hilton & Howard Kunreuther & Erwann Michel-Kerjan, 2010. "Is Imprecise Knowledge Better than Conflicting Expertise? Evidence from Insurers’ Decisions in the United States," ICBBR Working Papers 7, International Centre for Behavioural Business Research.
- Clot, Sophie & Grolleau, Gilles & Ibanez, Lisette, 2018.
"Shall we pay all? An experimental test of Random Incentivized Systems,"
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 73(C), pages 93-98.
- Sophie Clot & Gilles Grolleau & Lisette Ibanez, 2018. "Shall we pay all? An experimental test of Random Incentivized Systems," Post-Print hal-01983147, HAL.
- Michael S. Haigh & John A. List, 2005.
"Do Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis,"
Journal of Finance, American Finance Association, vol. 60(1), pages 523-534, February.
- Haigh, Michael S. & List, John A., 2002. "Do Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis," Working Papers 28554, University of Maryland, Department of Agricultural and Resource Economics.
- Michael Haigh & John List, 2005. "Do professional traders exhibit myopic loss aversion? An experimental analysis," Artefactual Field Experiments 00052, The Field Experiments Website.
- Mohammed Abdellaoui & Aurelien Baillon & Laetitia Placido & Peter P. Wakker, 2011.
"The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation,"
American Economic Review, American Economic Association, vol. 101(2), pages 695-723, April.
- Mohammed Abdellaoui & Laetitia Placido & Aurélien Baillon & P.P. Wakker, 2011. "The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00609214, HAL.
- Mohammed Abdellaoui & Laetitia Placido & Aurélien Baillon & P.P. Wakker, 2011. "The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation," Post-Print hal-00609214, HAL.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2012. "Rationality of belief or: why savage's axioms are neither necessary nor sufficient for rationality," Post-Print hal-00745599, HAL.
- Chew Soo Hong & Mark Ratchford & Jacob S. Sagi, 2018. "You Need to Recognise Ambiguity to Avoid It," Economic Journal, Royal Economic Society, vol. 128(614), pages 2480-2506, September.
- L. Drouet & V. Bosetti & M. Tavoni, 2015. "Selection of climate policies under the uncertainties in the Fifth Assessment Report of the IPCC," Nature Climate Change, Nature, vol. 5(10), pages 937-940, October.
- Jewitt, Ian & Mukerji, Sujoy, 2017.
"Ordering ambiguous acts,"
Journal of Economic Theory, Elsevier, vol. 171(C), pages 213-267.
- Ian Jewitt & Sujoy Mukerji, 2011. "Ordering Ambiguous Acts," Economics Series Working Papers 553, University of Oxford, Department of Economics.
- Sujoy Mukerji & Ian Jewitt, 2017. "Ordering Ambiguous Acts," Working Papers 828, Queen Mary University of London, School of Economics and Finance.
- Yoram Halevy, 2007.
"Ellsberg Revisited: An Experimental Study,"
Econometrica, Econometric Society, vol. 75(2), pages 503-536, March.
- Halevy, Yoram, 2005. "Ellsberg Revisited: an Experimental Study," Microeconomics.ca working papers halevy-05-07-26-11-51-13, Vancouver School of Economics, revised 25 Feb 2014.
- Fox, Craig R & Rogers, Brett A & Tversky, Amos, 1996. "Options Traders Exhibit Subadditive Decision Weights," Journal of Risk and Uncertainty, Springer, vol. 13(1), pages 5-17, July.
- Cathleen Johnson & Aurélien Baillon & Han Bleichrodt & Zhihua Li & Dennie Dolder & Peter P. Wakker, 2021. "Prince: An improved method for measuring incentivized preferences," Journal of Risk and Uncertainty, Springer, vol. 62(1), pages 1-28, February.
- Noémi Berlin & Emmanuel Kemel & Vincent Lenglin & Antoine Nebout-Javal, 2022. "A convenient truth : between-subject random incentives and preferences towards risk and time," Working Papers halshs-03531906, HAL.
- Craig R. Fox & Amos Tversky, 1995. "Ambiguity Aversion and Comparative Ignorance," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 585-603.
- Loïc Berger & Valentina Bosetti, 2020.
"Are Policymakers Ambiguity Averse?,"
The Economic Journal, Royal Economic Society, vol. 130(626), pages 331-355.
- Loïc Berger & Valentina Bosetti, 2020. "Are Policymakers Ambiguity Averse?," Post-Print hal-03027138, HAL.
- Olivier l’Haridon & Ferdinand M. Vieider & Diego Aycinena & Agustinus Bandur & Alexis Belianin & LubomÃr Cingl & Amit Kothiyal & Peter Martinsson, 2018.
"Off the Charts: Massive Unexplained Heterogeneity in a Global Study of Ambiguity Attitudes,"
The Review of Economics and Statistics, MIT Press, vol. 100(4), pages 664-677, October.
- Olivier L’haridon & Ferdinand Vieider & Diego Aycinena & Agustinus Bandur, 2018. "Off the Charts: Massive Unexplained Heterogeneity in a Global Study of Ambiguity Attitudes," Post-Print halshs-01614666, HAL.
- Loïc Berger & Johannes Emmerling & Massimo Tavoni, 2017.
"Managing Catastrophic Climate Risks Under Model Uncertainty Aversion,"
Management Science, INFORMS, vol. 63(3), pages 749-765, March.
- Loïc Berger & Johannes Emmerling & Massimo Tavoni, 2017. "Managing Catastrophic Climate Risks Under Model Uncertainty Aversion," Post-Print hal-03027150, HAL.
- Loïc Berger & Johannes Emmerling & Massimo Tavoni, 2017. "Managing Catastrophic Climate Risks Under Model Uncertainty Aversion," Post-Print hal-01744501, HAL.
- David Easley & Maureen O'Hara, 2009. "Ambiguity and Nonparticipation: The Role of Regulation," The Review of Financial Studies, Society for Financial Studies, vol. 22(5), pages 1817-1843, May.
- Gilboa, Itzhak & Postlewaite, Andrew & Schmeidler, David, 2009.
"Is It Always Rational To Satisfy Savage'S Axioms?,"
Economics and Philosophy, Cambridge University Press, vol. 25(3), pages 285-296, November.
- Gilboa, Itzhak & Postlewaite, Andrew & Schmeidler, David, 2009. "Is It Always Rational to Satisfy Savage’s Axioms?," Foerder Institute for Economic Research Working Papers 275722, Tel-Aviv University > Foerder Institute for Economic Research.
- Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2009. "Is It Always Rational to Satisfy Savage's Axioms?," Post-Print hal-00493170, HAL.
- Hogarth, Robin M & Kunreuther, Howard, 1989. "Risk, Ambiguity, and Insurance," Journal of Risk and Uncertainty, Springer, vol. 2(1), pages 5-35, April.
- Jaromír Kovářík & Dan Levin & Tao Wang, 2016. "Ellsberg paradox: Ambiguity and complexity aversions compared," Journal of Risk and Uncertainty, Springer, vol. 52(1), pages 47-64, February.
- Robert F. Nau, 2006. "Uncertainty Aversion with Second-Order Utilities and Probabilities," Management Science, INFORMS, vol. 52(1), pages 136-145, January.
- Peter Moffatt & Stefania Sitzia & Daniel Zizzo, 2015.
"Heterogeneity in preferences towards complexity,"
Journal of Risk and Uncertainty, Springer, vol. 51(2), pages 147-170, October.
- Peter G. Moffatt & Stefania Sitzia & Daniel John Zizzo, 2014. "Heterogeneity in preferences towards complexity," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 14-06, School of Economics, University of East Anglia, Norwich, UK..
- Ferdinand M. Vieider & Mathieu Lefebvre & Ranoua Bouchouicha & Thorsten Chmura & Rustamdjan Hakimov & Michal Krawczyk & Peter Martinsson, 2015.
"Common Components Of Risk And Uncertainty Attitudes Across Contexts And Domains: Evidence From 30 Countries,"
Journal of the European Economic Association, European Economic Association, vol. 13(3), pages 421-452, June.
- Vieider, Ferdinand M. & Lefebvre, Mathieu & Bouchouicha, Ranoua & Chmura, Thorsten & Hakimov, Rustamdjan & Krawczyk, Michal & Martinsson, Peter, 2013. "Common components of risk and uncertainty attitudes across contexts and domains: Evidence from 30 countries," Discussion Papers, WZB Junior Research Group Risk and Development SP II 2013-402, WZB Berlin Social Science Center.
- Devin G. Pope & Maurice E. Schweitzer, 2011. "Is Tiger Woods Loss Averse? Persistent Bias in the Face of Experience, Competition, and High Stakes," American Economic Review, American Economic Association, vol. 101(1), pages 129-157, February.
- Yaron Azrieli & Christopher P. Chambers & Paul J. Healy, 2018.
"Incentives in Experiments: A Theoretical Analysis,"
Journal of Political Economy, University of Chicago Press, vol. 126(4), pages 1472-1503.
- Paul J. Healy & Yaron Azrieli & Christopher P. Chambers, 2016. "Incentives in Experiments: A Theoretical Analysis," Working Papers 16-03, Ohio State University, Department of Economics.
- Laure Cabantous, 2007. "Ambiguity Aversion in the Field of Insurance: Insurers’ Attitude to Imprecise and Conflicting Probability Estimates," Theory and Decision, Springer, vol. 62(3), pages 219-240, May.
- Nielsen, Kirby, 2020. "Preferences for the resolution of uncertainty and the timing of information," Journal of Economic Theory, Elsevier, vol. 189(C).
- Doron Sonsino & Uri Benzion & Galit Mador, 2002. "The Complexity Effects on Choice with Uncertainty — Experimental Evidence," Economic Journal, Royal Economic Society, vol. 112(482), pages 936-965, October.
- Lars Peter Hansen, 2014. "Nobel Lecture: Uncertainty Outside and Inside Economic Models," Journal of Political Economy, University of Chicago Press, vol. 122(5), pages 945-987.
- Kyoungwon Seo, 2009. "Ambiguity and Second-Order Belief," Econometrica, Econometric Society, vol. 77(5), pages 1575-1605, September.
- Chi Wai Yu & Y. Jane Zhang & Sharon Xuejing Zuo, 2021. "Multiple Switching and Data Quality in the Multiple Price List," The Review of Economics and Statistics, MIT Press, vol. 103(1), pages 136-150, March.
- Olivier Armantier & Nicolas Treich, 2016. "The Rich Domain of Risk," Management Science, INFORMS, vol. 62(7), pages 1954-1969, July.
- Mickael Beaud & Marc Willinger, 2015. "Are People Risk Vulnerable?," Management Science, INFORMS, vol. 61(3), pages 624-636, March.
- Daniel Ellsberg, 1961. "Risk, Ambiguity, and the Savage Axioms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 75(4), pages 643-669.
- Ergin, Haluk & Gul, Faruk, 2009. "A theory of subjective compound lotteries," Journal of Economic Theory, Elsevier, vol. 144(3), pages 899-929, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Kerwin, Jason & Pandey, Divya, 2023. "Navigating Ambiguity: Imprecise Probabilities and the Updating of Disease Risk Beliefs," IZA Discussion Papers 16478, Institute of Labor Economics (IZA).
- Oberholzer, Yvonne & Olschewski, Sebastian & Scheibehenne, Benjamin, 2024. "Complexity aversion in risky choices and valuations: Moderators and possible causes," Journal of Economic Psychology, Elsevier, vol. 100(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- repec:hal:wpaper:hal-04071242 is not listed on IDEAS
- Ilke Aydogan & Loic Berger & Valentina Bosetti & Ning Liu, 2018.
"Three layers of uncertainty: an experiment,"
Working Papers
623, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Ilke Aydogan & Lo?c Berger & Valentina Bosetti & Ning Liu, 2018. "Three Layers of Uncertainty: an Experiment," Working Papers 2018.24, Fondazione Eni Enrico Mattei.
- Aydogan, Ilke & Berger, Loϊc & Bosetti, Valentina & Liu, Ning, 2018. "Three Layers of Uncertainty: an Experiment," ETA: Economic Theory and Applications 274852, Fondazione Eni Enrico Mattei (FEEM).
- Ilke Aydogan & Loïc Berger & Valentina Bosetti & Ning Liu, 2023.
"Three Layers of Uncertainty,"
Journal of the European Economic Association, European Economic Association, vol. 21(5), pages 2209-2236.
- Ilke Aydogan & Loïc Berger & Valentina Bosetti & Ning Liu, 2022. "Three layers of uncertainty," Working Papers hal-03031751, HAL.
- Ilke Aydogan & Loïc Berger & Valentina Bosetti & Ning Liu, 2023. "Three Layers of Uncertainty," Post-Print hal-04370968, HAL.
- Ilke AYDOGAN & Loïc BERGER & Valentina BOSETTI & Ning LIU, 2022. "Three layers of uncertainty," Working Papers 2022-iRisk-01, IESEG School of Management.
- repec:hal:journl:hal-03031751 is not listed on IDEAS
- Ilke Aydogan & Loïc Berger & Vincent Théroude, 2023. "More Ambiguous or More Complex? An Investigation of Individual Preferences under Uncertainty," Working Papers of BETA 2023-10, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Ilke AYDOGAN & Loïc BERGER & Vincent THEROUDE, 2023. "More Ambiguous or More Complex? An Investigation of Individual Preferences under Model Uncertainty," Working Papers 2023-iRisk-02, IESEG School of Management.
- Keyu Wu & Ernst Fehr & Sean Hofland & Martin Schonger, 2024.
"On the Psychological Foundations of Ambiguity and Compound Risk Aversion,"
CESifo Working Paper Series
11150, CESifo.
- Wu, Keyu & Fehr, Ernst & Hofland, Sean & Schonger, Martin, 2024. "On the Psychological Foundations of Ambiguity and Compound Risk Aversion," IZA Discussion Papers 17032, Institute of Labor Economics (IZA).
- Keyu Wu & Ernst Fehr & Sean Hofland & Martin Schonger, 2024. "On the psychological foundations of ambiguity and compound risk aversion," ECON - Working Papers 444, Department of Economics - University of Zurich.
- Milos Borozan & Loreta Cannito & Barbara Luppi, 2022. "A tale of two ambiguities: A conceptual overview of findings from economics and psychology," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 6(S1), pages 11-21, July.
- Li, Jiangyan & Fairley, Kim & Fenneman, Achiel, 2024. "Does it matter how we produce ambiguity in experiments?," MPRA Paper 122336, University Library of Munich, Germany.
- Prokosheva, Sasha, 2016. "Comparing decisions under compound risk and ambiguity: The importance of cognitive skills," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 64(C), pages 94-105.
- Yu Gao & Zhenxing Huang & Ning Liu & Jia Yang, 2024. "Are physicians rational under ambiguity?," Journal of Risk and Uncertainty, Springer, vol. 68(2), pages 183-203, April.
- Aurélien Baillon & Yoram Halevy & Chen Li, 2022.
"Experimental elicitation of ambiguity attitude using the random incentive system,"
Experimental Economics, Springer;Economic Science Association, vol. 25(3), pages 1002-1023, June.
- Baillon, Aurélien & Halevy, Yoram & Li, Chen, 2014. "Experimental Elicitation of Ambiguity Attitude using the Random Incentive System," Microeconomics.ca working papers yoram_halevy-2014-26, Vancouver School of Economics, revised 21 Jul 2015.
- Aurélien Baillon & Yoram Halevy & Chen Li, 2022. "Experimental elicitation of ambiguity attitude using the random incentive system," Post-Print halshs-03908449, HAL.
- Aurelien Baillon & Yoram Halevy & Chen Li, 2021. "Experimental elicitation of ambiguity attitude using the random incentive system," Working Papers tecipa-711, University of Toronto, Department of Economics.
- Yoram Halevy & Emre Ozdenoren, 2022.
"Uncertainty and compound lotteries: calibration,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(2), pages 373-395, September.
- Halevy, Yoram & Ozdenoren, Emre, 2008. "Uncertainty and Compound Lotteries: Calibration," Microeconomics.ca working papers yoram_halevy-2008-7, Vancouver School of Economics, revised 17 Jun 2008.
- Yoram Halevy & Emre Ozdenoren, 2021. "Uncertainty and Compound Lotteries: Calibration," Working Papers tecipa-713, University of Toronto, Department of Economics.
- Loic Berger & Valentina Bosetti, 2016.
"Ellsberg Re-revisited: An Experiment Disentangling Model Uncertainty and Risk Aversion,"
Working Papers
2016.37, Fondazione Eni Enrico Mattei.
- Loic Berger & Valentina Bosetti, 2016. "Ellsberg re-revisited: An experiment disentangling model uncertainty and risk aversion," Working Papers 576, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Berger, Loic & Bosetti, Valentina, 2016. "Ellsberg Re-revisited: An Experiment Disentangling Model Uncertainty and Risk Aversion," MITP: Mitigation, Innovation and Transformation Pathways 236239, Fondazione Eni Enrico Mattei (FEEM).
- Christoph Bühren & Fabian Meier & Marco Pleßner, 2023. "Ambiguity aversion: bibliometric analysis and literature review of the last 60 years," Management Review Quarterly, Springer, vol. 73(2), pages 495-525, June.
- Karni, Edi & Maccheroni, Fabio & Marinacci, Massimo, 2015. "Ambiguity and Nonexpected Utility," Handbook of Game Theory with Economic Applications,, Elsevier.
- Izhakian, Yehuda, 2020. "A theoretical foundation of ambiguity measurement," Journal of Economic Theory, Elsevier, vol. 187(C).
- Loïc Berger & Massimo Marinacci, 2020.
"Model Uncertainty in Climate Change Economics: A Review and Proposed Framework for Future Research,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(3), pages 475-501, November.
- Loïc Berger & Massimo Marinacci, 2020. "Model Uncertainty in Climate Change Economics: A Review and Proposed Framework for Future Research," Post-Print hal-02914088, HAL.
- Loïc Berger & Massimo Marinacci, 2020. "Model Uncertainty in Climate Change Economics: A Review and Proposed Framework for Future Research," Post-Print hal-03031728, HAL.
- König-Kersting, Christian & Kops, Christopher & Trautmann, Stefan T., 2023. "A test of (weak) certainty independence," Journal of Economic Theory, Elsevier, vol. 209(C).
- Izhakian, Yehuda, 2017. "Expected utility with uncertain probabilities theory," Journal of Mathematical Economics, Elsevier, vol. 69(C), pages 91-103.
- Elabed, Ghada & Carter, Michael R., 2015.
"Compound-risk aversion, ambiguity and the willingness to pay for microinsurance,"
Journal of Economic Behavior & Organization, Elsevier, vol. 118(C), pages 150-166.
- Ghada Elabed & Michael R. Carter, 2015. "Compound-Risk Aversion, Ambiguity, and the Willingness to Pay for Microinsurance," Mathematica Policy Research Reports 0b775319df3d4ac0b981cc83e, Mathematica Policy Research.
- Patrick Schmidt, 2019. "Eliciting ambiguity with mixing bets," Papers 1902.07447, arXiv.org, revised Aug 2024.
More about this item
Keywords
: Ambiguity aversion; reduction of compound risk; model uncertainty; complexity;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EXP-2023-02-27 (Experimental Economics)
- NEP-UPT-2023-02-27 (Utility Models and Prospect Theory)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ies:wpaper:e202301. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lies BOUTEN (email available below). General contact details of provider: https://edirc.repec.org/data/iesegfr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.