(ambiguity). Non-parametric statistical analyses and parametric regressions yield results that are reasonably consistent with …

representative policymaker's utility function (as in the literature on ambiguity), a reference model (as in robust control theory) or …

with ambiguity about both volatility and drift. Corresponding extensions of some basic results in asset pricing theory are …

We present an experiment in which we test for the effect of participating in a social exchange exercise on revealed … risk and ambiguity preferences. In our experiments, subjects make choices over lotteries that reveal their risk and … ambiguity preferences. They then participate with a small group in an unstructured on-line chat. After the chat, they reconsider …

We experimentally test whether risk aversion or ambiguity aversion can explain decisions in a learning-by-doing game …. We first measure subjects' preferences toward risk and ambiguity, and then use these measures to predict behavior in the … game. We find that ambiguity averse subjects pay more often to resolve ambiguity, and we find that less risk averse …

developed country, to where it matters the most, the field in a developing country. In our experiment a candidate proposes a …

experiment in which they had to perform a task over fifteen stages grouped in three blocks or levels. In order to continue … through the experiment, a minimum level of success was required at the end of each level. Rewards were dependent on the final …, participants in the loss framing group choose to go further in the experiment. There was also a significant and interesting gender …