complex nonlinear decision process that robustly mimics human decision-making. We find that preference for uncertainty … the factor that only determines the preference for uncertainty when contestants have a restricted level of knowledge. Our … show setting. The objective of this research is to understand the impact of emotions and knowledge on the preference for …

preference for uncertainty, measured as willingness to play for an uncertain payoff, in individuals with characteristics most … shows that conditions that would not justify the preference for uncertainty according to the literature (an older individual …, show an inverse effect on preference for uncertainty. …