Mukerji, Sujoy; Klibanoff, Peter - Department of Economics, Oxford University - 2002
risk attitudes can be applied as well to ambiguity attitudes. The model is also distinct from many in the literature on … her subjective information. A key feature of our model is that it achieves a separation between ambiguity, identified as a … characteristic of the decision maker`s subjective information, and ambiguity attitude, a characteristic of the decision maker …