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

Yilong Xu; Xiaogeng Xu; Steven Tucker

doi:10.1016/j.econlet.2018.06.003

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

Yilong Xu, Xiaogeng Xu, Steven Tucker

Economics, Helsinki

Research output: Contribution to journal › Article › Scientific › peer-review

2 Citations (Scopus)

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
Peer-reviewed scientific journal	Economics letters
Volume	170
Pages (from-to)	100-103
Number of pages	4
ISSN	0165-1765
DOIs	https://doi.org/10.1016/j.econlet.2018.06.003
Publication status	Published - 09.2018
MoE publication type	A1 Journal article - refereed

Keywords

511 Economics
Ambiguity attitudes
Decision-making for others
Losses and uncertainty

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10.1016/j.econlet.2018.06.003

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abstract = "We study whether people{\textquoteright}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.",

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KW - Decision-making for others

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