Two examples of ambiguity aversion

DOI10.1016/J.ECONLET.2012.10.026MaRDI QIDQ2444192zbMATH OpenOpenAlexFDO

Authors Pavlo R. Blavatskyy

Publication date 8 April 2014

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2012.10.026

zbMATH Keywords

ambiguityambiguity aversionEllsberg paradoxreflection examplesubjective uncertainty

Mathematics Subject Classification ID

Decision theory (91B06)

Recommendations

• The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach
• Risk, ambiguity and the Savage axioms
• More ambiguity aversion or more risk aversion?
• Betting on Machina's reflection example: An experiment on ambiguity
• Recursive ambiguity and Machina's examples

Cited in

(5)

• Probability weighting and L-moments
• A monotone model of intertemporal choice
• On the Ellsberg and Machina paradoxes
• A reflection on the reflection example
• Betting on Machina's reflection example: An experiment on ambiguity

This page was built for publication: Two examples of ambiguity aversion

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2444192)