The strength of sensitivity to ambiguity
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 which subjects have imperfect, heterogeneous, inform...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer
2018
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/50668/ |