risk preferences. Here, we develop an analogous tool for choice under uncertainty - the ambiguity triangle - and show that … characterize this heterogeneity with finite-mixture estimates of a one-parameter extension of Expected Utility Theory wherein 48 …

studied in a controlled lab experiment. We present a novel experiment where subjects can compete against each other, but the …

Using a field experiment in China, we study whether migration status is correlated with attitudes toward risk … from non-migrants in risk and ambiguity preferences elicited using pairs of lotteries; however, migrants are significantly … competitive environment than by risk attitudes under state uncertainty. …

This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing … of cognition. Women are more risk averse than men. Over an initial range, women require no further compensation for the … as men. Psychological variables account for some of the interpersonal variation in risk aversion. They explain none of …

outcomes. Our evidence is based on an experiment in which subjects repeatedly invest in two identical, uncorrelated, risky … each period. Yet, internals are more likely to make inconsistent risk choices. The effect size of locus of control is …

Probabilistic risk beliefs are key drivers of economic and health decisions, but people are not always certain about … measurable separately from the levels of risk beliefs. People with higher levels of imprecision update their beliefs more in …