Attitudes toward uncertainty among the poor: an experiment in rural Ethiopia

DOI10.1007/s11238-011-9250-yzbMath1281.91058OpenAlexW2048224211MaRDI QIDQ1934270

Haileselassie Medhin, Alpaslan Akay, Peter Martinsson, Stefan T. Trautmann

Publication date: 28 January 2013

Published in: Theory and Decision (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11238-011-9250-y

zbMATH Keywords

agriculturepovertyrisk attitudesambiguity attitudes

Mathematics Subject Classification ID

Decision theory (91B06) Individual preferences (91B08) Experimental studies (91A90)

Related Items (3)

Stake effects on ambiguity attitudes for gains and losses ⋮ Optimal frequency of portfolio evaluation in a choice experiment with ambiguity and loss aversion ⋮ Are individuals more risk and ambiguity averse in a group environment or alone? Results from an experimental study

Cites Work

• An experimental investigation of imprecision attitude and its relation with risk attitude and impatience
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• A parametric analysis of prospect theory's functionals for the general population
• Ambiguity aversion in the field of insurance: Insurers' attitude to imprecise and conflicting probability estimates
• Commonalities in time and ambiguity aversion for long-term risks
• Is transport safety more valuable in the air?
• Ambiguity Aversion and Incompleteness of Financial Markets
• Risk, Ambiguity, and the Savage Axioms
• Parameter-Free Elicitation of Utility and Probability Weighting Functions
• Ellsberg Revisited: An Experimental Study
• Valuing mortality-risk reduction: Using visual aids to improve the validity of contingent valuation

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