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Group decisions under ambiguity : convergence to neutrality
Keck, Steffen; Diecidue, Enrico; Budescu, David V. - In: Journal of economic behavior & organization : JEBO 103 (2014), pp. 60-71
Persistent link: https://www.econbiz.de/10010462129
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Group decisions under ambiguity: Convergence to neutrality
Keck, Steffen; Diecidue, Enrico; Budescu, David V. - In: Journal of Economic Behavior & Organization 103 (2014) C, pp. 60-71
This paper focuses on decisions under ambiguity. Participants in a laboratory experiment made decisions in three … three. We show that groups are more likely to make ambiguity-neutral decisions than individuals, and that individuals make … more ambiguity-neutral decisions after discussing the decisions with others. This shift toward higher ambiguity neutrality …
Persistent link: https://www.econbiz.de/10010776756
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The value of being precise
Du, Ning; Budescu, David V. - In: Journal of economic psychology : research in economic … 83 (2021), pp. 1-16
Persistent link: https://www.econbiz.de/10012620973
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Sensitivity analysis of a risk classification model for food price volatility
Laryea, Rueben; Carling, Kenneth; Cialani, Catia; … - In: International journal of risk assessment and management … 21 (2018) 4, pp. 374-382
Persistent link: https://www.econbiz.de/10012005477
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AN APPROACH TO ANALYZE RISKS BY COMPUTING WITH WORDS
HUANG, CHONGFU - In: New Mathematics and Natural Computation (NMNC) 07 (2011) 01, pp. 89-103
The information coded in natural language is called natural language information. It can be employed to analyze risks by computing with words. The disjunction and Cartesian product of fuzzy sets are the basic arithmetics to compute a probability distribution representing the random uncertainty...
Persistent link: https://www.econbiz.de/10008862813
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Pollution control: When, and how, to be precautious
Athanassoglou, Stergios; Xepapadeas, Anastasios - 2011
The precautionary principle (PP) applied to environmental policy stipulates that, in the presence of physical uncertainty, society must take robust preventive action to guard against worst-case outcomes. It follows that the higher the degree of uncertainty, the more aggressive this preventive...
Persistent link: https://www.econbiz.de/10010279642
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Do emotional carryover effects carry over?
Masters, Nikhil; Lloyd, Tim A.; Starmer, Chris - 2022
context of ambiguity. These effects are also highly gender-specific with only males being susceptible. To probe the emotional …
Persistent link: https://www.econbiz.de/10014480701
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Contracting under Knightian uncertainty
Amarante, Massimiliano; Ghossoub, Mario; Phelps, Edmund S. - 2011
Persistent link: https://www.econbiz.de/10009305377
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Uncertainty : a diagrammatic treatment
Dow, Sheila C. - 2015
In spite of superficial similarities, the way in which uncertainty is understood as a feature of the crisis by mainstream economics is very different from Keynesian fundamental uncertainty. The difference stems from the mainstream habit of thinking in terms of a full-information benchmark, where...
Persistent link: https://www.econbiz.de/10011279689
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On one definition of uncertainty ; Yaroslav Ivanenko and Illia Pasichnichenko
Ivanenko, Yaroslav; Pasichnichenko, Illia - In: Risk and decision analysis 5 (2014) 2/3, pp. 139-148
Persistent link: https://www.econbiz.de/10011285059