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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... |
Jul 24, 2014 - AWI Experimental Economics
Dominiak, Adam; Dürsch, Peter; Lefort, Jean-Philippe, 2014, "A dynamic Ellsberg urn experiment [Dataset]", https://doi.org/10.11588/data/10005, heiDATA, V2, UNF:5:6SM6f4NWdacC70zww1ngbA== [fileUNF]
Abstract Many theories of updating under ambiguity assume either dynamic consistency or consequentialism to underpin behaviorally the link between conditional and unconditional preferences. To test the descriptive validity of these rationality concepts, we conduct a dynamic exten... |