Bouchouicha, Ranoua; Martinsson, Peter; Medhin, … - In: Theory and decision: an international journal for … 83 (2017) 1, pp. 19–35
We test the effect of stake size on ambiguity attitudes. Compared to a baseline condition, we find subjects to be more ambiguity seeking for small-probability gains and large-probability losses under high stakes. They are also more ambiguity averse for large-probability gains and...
