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Risk, ambiguity, and state-preference theory

โœ Scribed by Robert Nau


Publisher
Springer
Year
2011
Tongue
English
Weight
334 KB
Volume
48
Category
Article
ISSN
0938-2259

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โœ Robert L. Winkler ๐Ÿ“‚ Article ๐Ÿ“… 1991 ๐Ÿ› Springer ๐ŸŒ English โš– 889 KB

The possible influence of ambiguity on decisions about probabilities has received considerable attention, with most modeling efforts focusing on the probabilities. In this article, it is argued that effects of ambiguity on decision making often operate via the decision maker's preferences rather tha