Attitudes to ambiguity in one-shot normal-form games: An experimental study

B-Tier
Journal: Games and Economic Behavior
Year: 2011
Volume: 71
Issue: 2
Pages: 366-394

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Based on an experiment in the lab, we classify behavior in one-shot normal-form games along three important dimensions. The first dimension, which is of main interest, is about whether subjects are ambiguity-loving, ambiguity-neutral, or ambiguity-averse. The second dimension is about whether subjects are risk-loving, risk-neutral, or risk-averse. The third dimension is about whether subjects are naive or strategic. Our main result is that, in our main treatment, 32/46/22 percent of subjects are classified as ambiguity-loving/ambiguity-neutral/ambiguity-averse.

Technical Details

RePEc Handle
repec:eee:gamebe:v:71:y:2011:i:2:p:366-394
Journal Field
Theory
Author Count
1
Added to Database
2026-02-02