An examination of ambiguity aversion

Ambiguity aversion has been widely observed in individuals' judgments. Using scenarios that are typical in decision analysis, we investigate ambiguity aversion for pairs of individuals. We examine risky and cautious shifts from individuals' original judgments to their judgments when they a...

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Bibliographic Details
Main Authors: L. Robin Keller, Rakesh K. Sarin, Jayavel Sounderpandian
Format: Article
Language:English
Published: Society for Judgment and Decision Making 2007-12-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/jdm7619.pdf