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 language | English |
|---|---|
| Pages (from-to) | 100-103 |
| Number of pages | 4 |
| Journal | Economics Letters |
| Volume | 170 |
| DOIs | |
| Publication status | Published - 1 Sept 2018 |
| Externally published | Yes |
Keywords
- Ambiguity attitudes
- Decision-making for others
- Losses and uncertainty
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