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This paper focuses on information acquisition and individual decision making in ambiguous situations and presents a novel experimental design which may help to tackle open questions from a fresh perspective. Instead of giving subjects the choice between risky and ambiguous Ellsberg urns, we let...
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risk preferences. Here, we develop an analogous tool for choice under uncertainty - the ambiguity triangle - and show that …
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uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We … willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects … contribute to men winning the tournament significantly more often than women under uncertainty and ambiguity. Hence, previous …
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uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We … willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects … contribute to men winning the tournament significantly more often than women under uncertainty and ambiguity. Hence, previous …
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