Ambiguity attitudes in decisions for others

Christian König-Kersting and Stefan Trautmann

Economics Letters, 2016, vol. 146, issue C, 126-129

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.

Keywords: Decision under risk; Decision under ambiguity; Decisions of agents; Accountability (search for similar items in EconPapers)
JEL-codes: C91 D81 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:146:y:2016:i:c:p:126-129

DOI: 10.1016/j.econlet.2016.07.036

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