Choice with imprecise information: An experimental approach

DOI10.1007/S11238-008-9119-XMaRDI QIDQ708795zbMATH OpenOpenAlexFDO

Authors Takashi Hayashi, Ryoko Wada

Publication date 14 October 2010

Published in Theory and Decision (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11238-008-9119-x

zbMATH Keywords

imprecise informationimprecision aversionvariable information

Mathematics Subject Classification ID

Decision theory (91B06) Experimental studies (91A90)

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Cites work

• scientific article; zbMATH DE number 3087284 (Why is no real title available?)
• A Definition of Uncertainty Aversion
• Ambiguity Aversion and Comparative Ignorance
• Ambiguity Without a State Space
• Ambiguity made precise: A comparative foundation
• Attitude toward imprecise information
• Decision making in a case of mixed uncertainty: A normative model
• Decision making with imprecise probabilistic information
• Ellsberg Revisited: An Experimental Study
• Estimating ambiguity aversion in a portfolio choice experiment
• Known, unknown, and unknowable uncertainties
• Maxmin expected utility with non-unique prior
• Preferences Over Sets of Lotteries1
• Risk, ambiguity and the Savage axioms

Cited in

(12)

• Risk perception and ambiguity in a quantile cumulative prospect theory
• Ignoring information in binary choice with continuous variables: When is less ``more?
• When and how to satisfice: an experimental investigation
• Decisions with conflicting and imprecise information
• An experimental test of a search model under ambiguity
• Desirability and information processing: an experimental study
• Preferences and information processing under vague information
• An experimental investigation of imprecision attitude and its relation with risk attitude and impatience
• Dynamic decision making under ambiguity: an experimental investigation
• Attitude toward imprecise information
• Min-max decision rules for choice under complete uncertainty: axiomatic characterizations for preferences over utility intervals
• Are individuals more risk and ambiguity averse in a group environment or alone? Results from an experimental study

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