Kahlaische Strasse 10
D-07745 Jena, 07745
Germany
Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Economics
loss aversion, mental accounting, parimutuel betting, the favorite longshot bias
ambiguity, multiple priors, valuations, experiment
ambiguity, uncertainty, risk, multiple priors, Bayesian updating, first-order beliefs, second-order beliefs
Ambiguity Aversion, Reference Point, Comparison, Experiment
Skewness, Stochastic dominance, Decision making under uncertainty