Generating Ambiguity in the Laboratory

Published Online:https://doi.org/10.1287/mnsc.1100.1307

References

  • Abdellaoui M., Baillon A., Placido L., Wakker P. P. The rich domain of uncertainty: Source functions and their experimental implementation. Amer. Econom. Rev. (2011) . ForthcomingCrossrefGoogle Scholar
  • Althoen S. C., King L., Schilling K. How long is a game of snakes and ladders? Math. Gazette (1993) 78(478):71–76CrossrefGoogle Scholar
  • Arló-Costa H., Helzner J. Iterated random selection as intermediate between risk and uncertainty. Electronic Proc. 6th Internat. Sympos. Imprecise Probability: Theories and Applications (2009) Durham, UK:1–10Google Scholar
  • Barnett V. D. Order statistics estimators of the location of the Cauchy distribution. J. Amer. Statist. Assoc. (1966) 61(316):1205–1218CrossrefGoogle Scholar
  • Becker G. M., DeGroot M. H., Marschak J. Measuring utility by a single-response sequential method. Behav. Sci. (1964) 9(2):226–232CrossrefGoogle Scholar
  • Boole G.An Investigation of the Laws of Thought (1854) (Dover Publications, New York) . Reprinted 1958Google Scholar
  • Chow C. C., Sarin R. K. Known, unknown, and unknowable uncertainties. Theory Decision (2002) 52(2):127–138CrossrefGoogle Scholar
  • Davidson D., Suppes P., Siegel S.Decision Making: An Experimental Approach (1957) (Stanford University Press, Stanford, CA) Google Scholar
  • DeGroot M. H., Goel P. K. Estimation of the correlation coefficient from a broken random sample. Ann. Statist. (1980) 8(2):264–278CrossrefGoogle Scholar
  • Ellsberg D. Risk, ambiguity, and the Savage axioms. Quart. J. Econom. (1961) 75(4):643–669CrossrefGoogle Scholar
  • Fischbacher U. z-Tree: Zurich toolbox for ready-made economic experiments. Experiment. Econom. (2007) 10(2):171–178CrossrefGoogle Scholar
  • Fox C. R., Tversky A. Ambiguity aversion and comparative ignorance. Quart. J. Econom. (1995) 110(3):585–603CrossrefGoogle Scholar
  • Halevy Y. Ellsberg revisited: An experimental study. Econometrica (2007) 75(2):503–536CrossrefGoogle Scholar
  • Hayashi T., Wada R. Choice with imprecise information: An experimental approach. Theory Decision (2010) 69(3):355–373CrossrefGoogle Scholar
  • Hertwig R., Barron G., Weber E. U., Erev I. Decisions from experience and the effect of rare events in risky choice. Psych. Sci. (2004) 15(8):534–539CrossrefGoogle Scholar
  • Kolmogorov A. N.On Logical Foundations of Probability Theory (1983) 1021(Springer-Verlag, Berlin) 1–5Lecture Notes in MathematicsCrossrefGoogle Scholar
  • Scheinkman J., LeBaron B. Nonlinear dynamics and stock returns. J. Bus. (1989) 62(3):311–337CrossrefGoogle Scholar
  • Wakker P. P., Durlauf S. N., Blume L. E. Uncertainty. The New Palgrave Dictionary of Economics (2008) (Macmillan, Basingstoke, Hampshire, UK) 428–439CrossrefGoogle Scholar
  • Yates J. F., Zukowski L. G. Characterization of ambiguity in decision making. Behav. Sci. (1976) 21(1):19–25CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.