An experimental test of the Anscombe-Aumann Monotonicity axiom
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- Stefan Trautmann & Peter P. Wakker, 2018. "Making the Anscombe-Aumann approach to ambiguity suitable for descriptive applications," Journal of Risk and Uncertainty, Springer, vol. 56(1), pages 83-116, February.
More about this item
KeywordsAmbiguity aversion; monotonicity; Anscombe-Aumann; Allais paradox; experiments;
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-CBE-2015-10-25 (Cognitive & Behavioural Economics)
- NEP-EXP-2015-10-25 (Experimental Economics)
- NEP-UPT-2015-10-25 (Utility Models & Prospect Theory)
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