Chow, Clare Chua; Sarin, Rakesh K - In: Journal of Risk and Uncertainty 22 (2001) 2, pp. 129-39
We investigate the evaluation of known (where probability is known) and unknown (where probability is unknown) bets in comparative and non-comparative contexts. A series of experiments support the finding that ambiguity avoidance persists in both comparative and non-comparative conditions. The...