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

Yilong Xu, Xiaogeng Xu and Steven Tucker ()

Economics Letters, 2018, vol. 170, issue C, 100-103

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.

Keywords: Ambiguity attitudes; Decision-making for others; Losses and uncertainty (search for similar items in EconPapers)
JEL-codes: D81 C91 (search for similar items in EconPapers)
Date: 2018
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Working Paper: Ambiguity Attitudes in the Loss Domain: Decisions for Self versus Others (2018) Downloads
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