affects probability weighting. More in general, this finding supports theories that represent ambiguity attitudes through …

. In health economics, ambiguity is usually handled through sensitivity analysis, which implicitly assumes that people are … neutral towards ambiguity. However, empirical evidence suggests that people are averse to ambiguity and react strongly to it …. This paper studies the effects of ambiguity aversion on two classical medical decision problems. If there is ambiguity …

I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity … relative ambiguity attitude (compared to the peer's) significantly matters for shifts in individual attitudes, and that … dynamics considerably differ between gain and loss domains. For gains, learning to be comparably ambiguity averse increases the …

to information differences (sampling bias), to a feature of preferences (ambiguity sensitivity) or to aspects of …

aversion, along with a coefficient for ambiguity aversion. These are estimated controlling for survey data of sociodemographic … related to loss aversion or ambiguity aversion. …

Sources of uncertainty appear to affect attitude towards ambiguity. For instance, when two advisors agree on a range of … the same. This study draws upon prospect theory and ambiguity research to empirically test how sources of uncertainty …. revealed beliefs). Findings support the predictions that the source of ambiguity matters in particular for low and high …