Ambiguity Attitudes in the Loss Domain: Decisions for Self versus Others
Yilong Xu (),
Xiaogeng Xu () and
Steven Tucker ()
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Yilong Xu: University of Heidelberg, Postal: Grabengasse 1, 69117 Heidelberg, Germany
Xiaogeng Xu: Dept. of Economics, Norwegian School of Economics and Business Administration, Postal: NHH , Department of Economics, Helleveien 30, N-5045 Bergen, Norway
No 11/2018, Discussion Paper Series in Economics from Norwegian School of Economics, Department of Economics
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: C91 D81 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-exp and nep-upt
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Journal Article: Ambiguity attitudes in the loss domain: Decisions for self versus others (2018)
Working Paper: Ambiguity Attitudes in the Loss Domain: Decisions for Self versus Others (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:nhheco:2018_011
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