Ambiguity and the value of information

DOI10.1007/S11166-010-9088-7zbMath1231.91099OpenAlexW2013578513MaRDI QIDQ989910

Arthur Snow

Publication date: 23 August 2010

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

Full work available at URL: https://doi.org/10.1007/s11166-010-9088-7

zbMATH Keywords

non-expected utilitygreater ambiguity aversiongreater ambiguity

Mathematics Subject Classification ID

Utility theory (91B16) Economics of information (91B44)

Related Items (12)

Dynamic consistency, valuable information and subjective beliefs ⋮ On ambiguity apportionment ⋮ Welfare-improving ambiguity in insurance markets with asymmetric information ⋮ Ambiguity aversion, higher-order risk attitude and optimal effort ⋮ Ambiguity aversion and the propensities for self-insurance and self-protection ⋮ The value of information under ambiguity: a theoretical and experimental study on pest management in agriculture ⋮ The price for information about probabilities and its relation with risk and ambiguity ⋮ Eliciting ambiguity aversion in unknown and in compound lotteries: a smooth ambiguity model experimental study ⋮ A survey of decision making and optimization under uncertainty ⋮ DISTORTION RISK MEASURES, AMBIGUITY AVERSION AND OPTIMAL EFFORT ⋮ Insurance bargaining under ambiguity ⋮ Revisiting precautionary saving under ambiguity

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