Testing dynamic consistency and consequentialism under ambiguity
(2021)
Journal Article
Bleichrodt, H., Eichberger, J., Grant, S., Kelsey, D., & Li, C. (2021). Testing dynamic consistency and consequentialism under ambiguity. European Economic Review, 134,
Accounting for ambiguity aversion in dynamic decisions generally implies that either dynamic consistency or consequentialism must be given up. To gain insight into which of these principles better describes people's preferences, we tested them using... Read More about Testing dynamic consistency and consequentialism under ambiguity.