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