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Treatment Under Amibiguity

Author

Listed:
  • Manski, C.F.

Abstract

In this paper I use a simple class of decision problems of considerable practical importance to show that ambiguity is both common and consequential.

Suggested Citation

  • Manski, C.F., 1996. "Treatment Under Amibiguity," Working papers 9619r, Wisconsin Madison - Social Systems.
  • Handle: RePEc:att:wimass:9619r
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    Cited by:

    1. Woodward, Richard T., 1998. "Should Agricultural And Resource Economists Care That The Subjective Expected Utility Hypothesis Is False?," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20941, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Keywords

    DECISION MAKING;

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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