Arbeitspapier
Ambiguity Attitudes of Individuals and Groups in Gain and Loss Domains
This study measures the differences in ambiguity attitudes of groups and individuals in the gain and loss domain. We elicit the ambiguity attitudes and ambiguity-generated insensitivity for natural temperature events. We do not find significant differences between individuals and groups in our main sample, yet higher ambiguity aversion and ambiguity-generated insensitivity results for groups in the gain when constraining the sample to groups and individuals with a better understanding of the experiment. Moreover, the group effect on the ambiguity-generated insensitivity seems domain dependent.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 10781
- Klassifikation
-
Wirtschaft
Design of Experiments: Laboratory, Individual
Design of Experiments: Laboratory, Group Behavior
Analysis of Collective Decision-Making: General
Criteria for Decision-Making under Risk and Uncertainty
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Thema
-
ambiguity attitudes
group decision making
gain and loss domain
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Minnich, Aljoscha
Lange, Andreas
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Minnich, Aljoscha
- Lange, Andreas
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2023
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