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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Minnich, Aljoscha
  • Lange, Andreas
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2023

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