Subject: Social Sciences
Publication Year: 2020
Author Name: Oechssler, Jörg
Keyword Term: Ellsberg paradox
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Oct 28, 2020 - AWI Experimental Economics
Oechssler, Jörg; Roomets, Alex, 2020, "Savage vs. Anscombe-Aumann: an experimental investigation of ambiguity frameworks [Dataset]", https://doi.org/10.11588/data/RTQIUG, heiDATA, V1, UNF:6:znXzfO0UeSWMUd6rxjZvVw== [fileUNF]
The Savage and the Anscombe–Aumann frameworks are the two most popular approaches used when modeling ambiguity. The former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place bets on the joint outcome of an ambiguo... |