Switch to: References

Citations of:

Judged Knowledge and Ambiguity Aversion

Hans-jÜrgen Keppe

Theory and Decision 39 (1):51-77 (1995)

Add citations

You must login to add citations.

Comparing uncertainty aversion towards different sources.Aurélien Baillon, Ning Liu & Dennie van Dolder - 2017 - Theory and Decision 83 (1):1-18.details We propose simple behavioral definitions of comparative uncertainty aversion for a single agent towards different sources of uncertainty. Our definitions allow for the comparison of utility curvature for different sources if the agent’s choices satisfy subjective expected utility towards each source. We discuss how our definitions can be applied to investigate ambiguity aversion in Klibanoff et al.’s :1849–1892, 2005) smooth ambiguity model, to study the effects of learning and situational factors on uncertainty preferences, and to compare uncertainty preferences between different (...) agents. (shrink) Download Export citation Bookmark
Uncertainty Aversion Vs. Competence: An Experimental Market Study. [REVIEW]Carmela Di Mauro - 2007 - Theory and Decision 64 (2-3):301-331.details Heath and Tversky (1991, Journal of Risk and Uncertainty 4:5–28) posed that reaction to ambiguity is driven by perceived competence. Competence effects may be inconsistent with ambiguity aversion if betting on own judgement is preferred to betting on a chance event, because judgemental probabilities are more ambiguous than chance events. This laboratory experiment analyses whether ambiguity affects prices and volumes in a double auction market, and contrasts ambiguity aversion to competence effects. In order to test for the presence of competence (...) Download Export citation Bookmark
The Effectiveness of Assigned Goals in Complex Financial Decision Making and the Importance of Gender.Megan Lee Endres - 2006 - Theory and Decision 61 (2):129-157.details Evidence suggests that men are more confident and less risk averse in financial decision making. Researchers did not address how men and women respond differently to goals in financial decision situations, however. In the present study, men set more challenging personal goals and risked more resources than women in a complex financial decision task. Men did not report higher self-efficacy versus women. As expected, gender interacted with assigned goals to predict self-efficacy, risk behavior, and personal goals. Results concur with recent (...) Download Export citation Bookmark 1 citation
Known, Unknown, and Unknowable Uncertainties.Rakesh K. Sarin & Clare Chua Chow - 2002 - Theory and Decision 52 (2):127-138.details In normative decision theory, the weight of an uncertain event in a decision is governed solely by the probability of the event. A large body of empirical research suggests that a single notion of probability does not accurately capture peoples' reactions to uncertainty. As early as the 1920s, Knight made the distinction between cases where probabilities are known and where probabilities are unknown. We distinguish another case â- the unknowable uncertainty â- where the missing information is unavailable to all. We (...) Download Export citation Bookmark 4 citations
Do Trade Union Leaders Violate Subjective Expected Utility? Some Insights From Experimental Data.Anna Maffioletti & Michele Santoni - 2005 - Theory and Decision 59 (3):207-253.details This paper presents the results of two experiments designed to test violations of Subjective Expected Utility Theory (SEUT) within a sample of Italian trade union delegates and leaders. Subjects priced risky and ambiguous prospects in the domain of gains. Risky prospects were based on games of chance, while ambiguous prospects were built on the standard Ellsberg paradox and on event lotteries whose outcomes were based either on the results of a fictional election or on the future results of the 1999 (...) Download Export citation Bookmark 1 citation

1