Levati, M. Vittoria; Napel, Stefan; Soraperra, Ivan - Wirtschaftswissenschaftliche Fakultät, … - 2014
We investigate experimentally whether collective choice matters for individual attitudes to ambiguity. We consider a two-urn Ellsberg experiment: one urn offers a 45% chance of winning a fixed monetary prize, the other an ambiguous chance. Participants choose either individually or in groups of...