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Keywords: Probability ambiguity
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Journal Articles
Risk and ambiguous choices: individual versus groups, an experimental analysis
Available to Purchase
Journal:
Review of Behavioral Finance
Review of Behavioral Finance (2022) 14 (5): 733–750.
Published: 17 June 2021
...Divya Aggarwal; Uday Damodaran; Pitabas Mohanty; D. Israel Purpose This study examines individual ambiguity attitudes alone and in groups by leveraging the descriptive model of anchoring and adjustment on decision-making under ambiguity. The study extends Ellsberg's probability ambiguity...
