and knowledge in individual decision making under ambiguity. Reactions to a natural source of uncertainty (i … elevation of the decision weighting function for gains). Both stronger positive emotions and superior knowledge generally have ….e., forthcoming real-world election results) were measured using both computed decision weights derived from individual choices and …

The differences between Knight's approach in Risk, Uncertainty and Profit (1921) and Keynes's logical theory of … evidence would not be sufficient to lead to a precise probability by the time a decision had to be made. It is impossible to …