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This work studies the impact of uncertainty on an agent's decision-making process in an interdependent preference … when there is uncertainty about the peer's consumption level, then the inequity averse DM increases her consumption level …
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This paper analyzes the joint association of emotions and knowledge in decision-making under uncertainty on a TV game … uncertainty (PU), which have mostly been investigated separately in Economics and Psychology until now. We examine the preference … for uncertainty, proxied by a preference for gambling against a sure payoff, in 59 contestants in the TV game show "JOKER …
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We provide evidence for heterogeneous consumer preferences for product quality and game outcome uncertainty (GOU) in …-shape that is postulated by the uncertainty of outcome hypothesis; the largest cluster is comprised of teams with fans whose …
Persistent link: https://www.econbiz.de/10014082137
There is a stark contrast between heightened perceptions of risk associated with drug-facilitated sexual assault (DFSA …
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When selling multiple products with asymmetric uncertainty, should the seller disclose product information so that … has asymmetric uncertainty regarding the two products. A total of four different information provision structures are … strategy depends on the magnitude of uncertainty in relation to the product with lower uncertainty. Specifically, if the …
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