Are individuals more risk and ambiguity averse in a group environment or alone? Results from an experimental study

DOI10.1007/S11238-014-9432-5MaRDI QIDQ2353593zbMATH OpenOpenAlexFDO

Authors Marielle Brunette, Laure Cabantous, Stéphane Couture

Publication date 15 July 2015

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

Full work available at URL https://openaccess.city.ac.uk/id/eprint/6982/1/Brunette%20et%20al.%20THEOD%202014%20-%20Amb%20group%20%28Accepted%29.pdf

zbMATH Keywords

ambiguitygroupmajoritypreferencesriskunanimity

Mathematics Subject Classification ID

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

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Cites work

• A Smooth Model of Decision Making under Ambiguity
• An experimental investigation of imprecision attitude and its relation with risk attitude and impatience
• Attitudes toward uncertainty among the poor: an experiment in rural Ethiopia
• Can groups solve the problem of over-bidding in contests?
• Causes of ambiguity aversion: Known versus unknown preferences
• Choice with imprecise information: An experimental approach
• Elicitation using multiple price list formats
• Ellsberg Revisited: An Experimental Study
• Estimating ambiguity aversion in a portfolio choice experiment
• Expected utility theory and prospect theory: One wedding and a decent funeral
• Individual or team decision-making--causes and consequences of self-selection
• Portfolio choices and asset prices: the comparative statics of ambiguity aversion
• Prospect theory. For risk and ambiguity.
• Recent developments in modeling preferences: Uncertainty and ambiguity
• Recursive expected utility and the separation of attitudes towards risk and ambiguity: An experimental study
• The impact of governmental assistance on insurance demand under ambiguity: a theoretical model and an experimental test
• The value of a statistical life under ambiguity aversion

Cited in

(9)

• A theory of unanimous jury voting with an ambiguous likelihood
• Gender differences in ambiguity aversion under different outcome correlation structures
• Individual vs. group decision-making: an experiment on dynamic choice under risk and ambiguity
• Individual and group decision making under risk: An experimental study of Bayesian updating and violations of first-order stochastic dominance
• Double or nothing?! Small groups making decisions under risk in ``Quiz Taxi
• Does peer group size influence social preferences and risk taking?
• Experimental evidence on personality traits and preferences
• Ambiguity attitudes of individuals and groups in gain and loss domains
• An experimental test of a search model under ambiguity

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