Ambiguity aversion and the propensities for self-insurance and self-protection

DOI10.1007/s11166-010-9112-yzbMath1206.91026OpenAlexW2069956298MaRDI QIDQ625694

Arthur Snow

Publication date: 25 February 2011

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11166-010-9112-y

zbMATH Keywords

non-expected utilitysecond-order probabilitygreater ambiguity aversion

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Related Items

The impact of ambiguity and prudence on prevention decisions, Who should exert more effort? Risk aversion, downside risk aversion and optimal prevention, On ambiguity apportionment, AN ECONOMIC PREMIUM PRINCIPLE UNDER THE DUAL THEORY OF THE SMOOTH AMBIGUITY MODEL, When Risk Perception Gets in the Way: Probability Weighting and Underprevention, Ambiguity aversion, higher-order risk attitude and optimal effort, DISTORTION RISK MEASURES, AMBIGUITY AVERSION AND OPTIMAL EFFORT, Insurance bargaining under ambiguity, Revisiting precautionary saving under ambiguity, Comparative ambiguity aversion and downside ambiguity aversion

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