Decision making under uncertainty: the relation between economic preferences and psychological personality traits

DOI10.1007/S11238-019-09742-3MaRDI QIDQ2193072zbMATH OpenOpenAlexWikidataFDO

Authors David Schröder, Gail Gilboa-Freedman

Publication date 24 August 2020

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

Full work available at URL https://doi.org/10.1007/s11238-019-09742-3

zbMATH Keywords

ambiguity aversionambiguity intolerancedecision makingpersonality traitspreferencesrisk aversionuncertainty

Mathematics Subject Classification ID

Experimental work for problems pertaining to game theory, economics, and finance (91-05) Decision theory (91B06) Individual preferences (91B08)

Recommendations

• Experimental evidence on personality traits and preferences
• Decisions under uncertainty in social contexts
• The descriptive and predictive adequacy of theories of decision making under uncertainty/ambiguity
• Ambiguity Aversion and Comparative Ignorance
• Emotion and knowledge in decision making under uncertainty

Cites work

• Choice under uncertainty with the best and worst in mind: Neo-additive capacities
• scientific article; zbMATH DE number 48701 (Why is no real title available?)
• scientific article; zbMATH DE number 3201010 (Why is no real title available?)
• scientific article; zbMATH DE number 3087284 (Why is no real title available?)
• Known, unknown, and unknowable uncertainties
• Maxmin expected utility with non-unique prior
• Preference and belief: ambibiguity and competence in choice under uncertainty
• Recursive expected utility and the separation of attitudes towards risk and ambiguity: An experimental study
• Risk, ambiguity and the Savage axioms
• The role of intuition and reasoning in driving aversion to risk and ambiguity

Cited in

(5)

• The development of consistent decision-making across economic domains
• Should I play or should I go? Individuals' characteristics and preference for uncertainty
• The positive impact of task familiarity, risk propensity, and need for cognition on observed timing decisions in a security game
• Experimental evidence on personality traits and preferences
• Trait emotional intelligence is related to risk taking when adolescents make deliberative decisions

Describes a project that uses

Uses Software

• Z-Tree

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