The strength of sensitivity to ambiguity

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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...

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Bibliographic Details
Main Authors:	Cubitt, Robin, van de Kuilen, Gijs, Mukerji, Sujoy
Format:	Article
Language:	English
Published:	Springer 2018
Subjects:	Ambiguity sensitivity Ambiguity attitude Measuring strength of ambiguity sensitivity Smooth ambiguity model Ambiguity premium
Online Access:	https://eprints.nottingham.ac.uk/50668/

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