Cavatorta, Elisa; Schröder, David - 2014 - This version: February 28, 2014, Preliminary and incomplete
Ambiguity aversion has shown to be economically relevant and has been proposed as an explanation for many phenomena in … economics and finance. While the literature has suggested a large variety of elicitation methods to measure ambiguity … consistency of individual ambiguity preferences elicited using a variety of incentivized tasks, non-incentivized thought …