An experimental investigation of the impact of ambiguity on the valuation of self-insurance and self-protection

DOI10.1007/BF00055338zbMath0861.90036OpenAlexW2138697847MaRDI QIDQ1817328

Anna Maffioletti, Carmela Di Mauro

Publication date: 1 December 1996

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

Full work available at URL: https://doi.org/10.1007/bf00055338

zbMATH Keywords

ambiguityself-insuranceself-protectionframing

Mathematics Subject Classification ID

Related Items (4)

Ambiguity attitudes, framing, and consistency ⋮ An Econometric Model Based on the Maxmin Expected Utility Model: An Application to Earthquake Insurance ⋮ Do trade union leaders violate subjective expected utility? some insights from experimental data ⋮ The value of a statistical life under ambiguity aversion

Cites Work

• Vickrey auctions in the theory of expected utility with rank-dependent probabilities
• Unreliable probabilities, risk taking, and decision making
• Advances in prospect theory: cumulative representation of uncertainty
• Recent developments in modeling preferences: Uncertainty and ambiguity
• Willingness-to-pay and willingness-to-accept for risky and ambiguous lotteries
• Risk, Ambiguity, and the Savage Axioms
• The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach
• Prospect Theory: An Analysis of Decision under Risk

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