In the wake of growing awareness, decision makers anticipate that they might become aware of material possibilities and …

I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity …

The distinction of risk vs uncertainty as made by Knight has important implications for policy selection. Assuming the …'s decision on how to allocate loans, we discuss decision making under Knightian uncertainty. We use the info-gap robust …

includes Yaari's dual theory of choice and quantile maximization as special cases. We characterize when the optimal solution …

(Generalized AutoRegressive Score) and GARCH models, extending them to Student's t-GARCH and t-GAS. Second, an important risk … standard option pricing inapplicable. Therefore we parametrize the investor's risk preference and use utility indifference …

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