Many theories have been developed to model decision behavior under ambiguity. In this paper we empirically investigate theories which are based on non-additive probabilities, i.e. Choquet expected utility (CEU) theories. We first replicated Ellsberg-paradox behavior. Then we elicited the...

In a principle agent relation, the principle might be enclined to controll the agent`s choice after the result of the choice has turned out to be unsatisfactory. Such a controll requires the priciple to reconsider the original choice problem the agent faced. We know from literature from social...

Many theories have been developed to model decision behavior under ambiguity. In this paper we empirically investigate theories which are based on non-additive probabilities, i.e. Choquet expected utility (CEU) theories. We first replicated Ellsberg-paradox behavior. Then we elicited the...