. Using an experiment with online workers, we find that subjects choose the risky lottery rather than a sure payment …

This paper provides a systematic analysis of individual attitudes towards ambiguity, based on laboratory experiments …. The design of the analysis allows to capture individual behavior across various levels of ambiguity, ranging from low to … high. Attitudes towards risk and attitudes towards ambiguity are disentangled, providing pure measures of ambiguity …

This paper provides a systematic analysis of individual attitudes towards ambiguity, based on laboratory experiments …. The design of the analysis allows to capture individual behavior across various levels of ambiguity, ranging from low to … high. Attitudes towards risk and attitudes towards ambiguity are disentangled, providing pure measures of ambiguity …

Ambiguity aversion has shown to be economically relevant and has been proposed as an explanation for many phenomena in … economics and finance. While the literature has suggested a large variety of elicitation methods to measure ambiguity … consistency of individual ambiguity preferences elicited using a variety of incentivized tasks, non-incentivized thought …