Ambiguity Attitudes in the Loss Domain: Decisions for Self versus Others.
Working paper
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Date
2018-05Metadata
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- Discussion papers (SAM) [657]
Abstract
We study whether people’s ambiguity attitudes differ when deciding for themselves or for others in the loss domain. We find no 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.