interests and elaborates on it using a case study of pay and performance management change at a large Australian finance … interests, including a great deal of learning resulting from tensions between DollarCo's economic and technical interests, on … the one hand, and employees' ontological interests on the other. By doing so, it underlines the value of foregrounding …

This paper studies how updating affects ambiguity-attitude. In particular we focus on the generalized Bayesian update … of the Jaffray-Phillipe sub-class of Choquet Expected Utility preferences. We find conditions for ambiguity-attitude to … be the same before and after updating. A necessary and sufficient condition for ambiguity-attitude to be unchanged when …

investigate how informational ambiguity in conjunction with waves of optimism and pessimism affect investor behavior, social … learning and price dynamics. Without ambiguity, neither herding nor contrarianism is possible. If there is ambiguity and agents … have invariant ambiguity preferences, only contrarianism is possible. If on the other hand ambiguity is high and traders …

decisions on risk assessment and risk management under conditions of ambiguity, i.e. where probabilities cannot be assigned to … underpins conventional cost-benet analysis (CBA). The other requires that an ambiguity-averse decision-rule - of which maxmin …