Brown, Donald J.; Erdman, Chandra; Ling, Kirsten; … - Cowles Foundation for Research in Economics, Yale University - 2010
We replicate the essentials of the Huettel et al. (2006) experiment on choice under uncertainty with 30 Yale undergraduates, where subjects make 200 pair-wise choices between risky and ambiguous lotteries. Inferences about the independence of economic preferences for risk and ambiguity are...