The strength of sensitivity to ambiguity
(2018)
Journal Article
Cubitt, R., van de Kuilen, G., & Mukerji, S. (2018). The strength of sensitivity to ambiguity. Theory and Decision, 85(3-4), 275-302. https://doi.org/10.1007/s11238-018-9657-9
We report an experiment where each subject’s ambiguity sensitivity is measured by an ambiguity premium, a concept analogous to and comparable with a risk premium. In our design, some tasks feature known objective risks and others uncertainty about wh... Read More about The strength of sensitivity to ambiguity.