ambiguity averse relation. First, we define two notions of more ambiguous with respect to such a class. A more ambiguous (I) act … makes an ambiguity averse decision maker (DM) worse off but does not affect the welfare of an ambiguity neutral DM. A more … ambiguous (II) act adversely affects a more ambiguity averse DM more, as measured by the compensation they require to switch …

assumption of (intertemporal) risk neutrality reduces the growth effect in social discounting and significantly amplifies the … and with respect to non-risk uncertainty. The paper derives the resulting changes of the risk-free and the stochastic … contribution, the paper extends the smooth ambiguity model by providing a threefold disentanglement between, risk aversion …

robustness under risk aversion and ambiguity aversion. We aim to understand the potential consequences of deeply uncertain … relationship between the upstream sourcing decisions and the supply chain survival probability. Both risk-averse and ambiguity … chain-level preparedness to aggregate shocks. Augmenting a parsimonious supply chain model with uncertainty, we analyse the …

willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects … contribute to men winning the tournament significantly more often than women under uncertainty and ambiguity. Hence, previous … uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We …

willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects … contribute to men winning the tournament significantly more often than women under uncertainty and ambiguity. Hence, previous … uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We …