Preference for Randomization and Ambiguity Aversion
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More about this item
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MIC-2011-11-21 (Microeconomics)
- NEP-UPT-2011-11-21 (Utility Models and Prospect Theory)
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