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Alpha Model 1 Ambiguity 1 Bingo Blower 1 Choquet Expected Utility 1 Contraction Model 1 Rank Dependent Expected Utility 1 Subjec tive Expected Utility 1 Vector Expected Utility 1
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Online availability
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Free 1
Type of publication
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Book / Working Paper 1
Language
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English 1
Author
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Hey, John D 1 Pace, Noemi 1
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Department of Economics and Related Studies, University of York 1
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Discussion Papers / Department of Economics and Related Studies, University of York 1
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RePEc 1
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The Explanatory and Predictive Power of Non Two-Stage-Probability Theories of Decision Making Under Ambiguity
Hey, John D; Pace, Noemi - Department of Economics and Related Studies, University …
Representing ambiguity in the laboratory using a Bingo Blower (which is transparent and not manipulable) and asking the subjects a series of allocation questions (which are more efcient than pairwise choice questions), we obtain data from which we can estimate by maximum likelihood methods (with...
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