Ambiguity attitudes in decisions for others

Christian König-Kersting, Stefan Trautmann

Research output: Contribution to journalArticleScientificpeer-review

Abstract

We probe the pattern of ambiguity aversion for moderate-likelihood gain prospects, and ambiguity seeking for low-likelihood gain prospects, if people make decisions not for themselves but as agents for others. We confirm the pattern both with and without accountability.
Original languageEnglish
Pages (from-to)126–129
JournalEconomics Letters
Volume146
DOIs
Publication statusPublished - Sep 2016

Keywords

  • decision under risk
  • decision under ambiguity
  • decisions of agents
  • accountability

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