Ellsberg`s 2-Color Experiment, Bid-Ask Behavior and Ambiguity
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References listed on IDEAS
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Cited by:
- Larry G. Epstein & Martin Schneider, 2007.
"Learning Under Ambiguity,"
Review of Economic Studies,
Oxford University Press, vol. 74(4), pages 1275-1303.
- Larry Epstein & Martin Schneider, 2002. "Learning Under Ambiguity," RCER Working Papers 497, University of Rochester - Center for Economic Research (RCER), revised Mar 2005.
- Larry Epstein & Martin Schneider, 2006. "Learning Under Ambiguity," RCER Working Papers 527, University of Rochester - Center for Economic Research (RCER).
More about this item
Keywords
Ellsberg Paradox; bid-ask spread; testing for ambiguity aversion; uncertainty aversion; unforeseen cointingencies; subjective state spaces.;JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
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