Ambiguity attitudes in the loss domain: Decisions for self versus others

Yilong Xu, Xiaogeng Xu, Steven Tucker

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

We study whether people's ambiguity attitudes differ when deciding for themselves or for others in the loss domain. We find no systematic differences in ambiguity attitudes between self- and other-regarding decision-making. Our results are consistent with the loss part of the fourfold pattern of ambiguity attitudes.
Original languageEnglish
Pages (from-to)100-103
Number of pages4
JournalEconomics Letters
Volume170
DOIs
Publication statusPublished - 1 Sept 2018
Externally publishedYes

Keywords

  • Ambiguity attitudes
  • Decision-making for others
  • Losses and uncertainty

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