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  • Search: subject:"Ellsberg’s paradox"
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Ellsberg’s paradox 1 ambiguity 1 trade unions 1
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Did you mean: subject:"ellsberg€™s paradox" (4 results)
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Do Trade Union Leaders Violate Subjective Expected Utility? Some Insights From Experimental Data
Maffioletti, Anna; Santoni, Michele - In: Theory and Decision 59 (2005) 3, pp. 207-253
This paper presents the results of two experiments designed to test violations of Subjective Expected Utility Theory (SEUT) within a sample of Italian trade union delegates and leaders. Subjects priced risky and ambiguous prospects in the domain of gains. Risky prospects were based on games of...
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