Ambiguity aversion and the propensities for self-insurance and self-protection

DOI10.1007/s11166-010-9112-yzbMath1206.91026OpenAlexW2069956298MaRDI QIDQ625694

Arthur Snow

Publication date: 25 February 2011

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11166-010-9112-y

zbMATH Keywords

non-expected utilitysecond-order probabilitygreater ambiguity aversion

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Related Items (10)

The impact of ambiguity and prudence on prevention decisions ⋮ Who should exert more effort? Risk aversion, downside risk aversion and optimal prevention ⋮ On ambiguity apportionment ⋮ AN ECONOMIC PREMIUM PRINCIPLE UNDER THE DUAL THEORY OF THE SMOOTH AMBIGUITY MODEL ⋮ When Risk Perception Gets in the Way: Probability Weighting and Underprevention ⋮ Ambiguity aversion, higher-order risk attitude and optimal effort ⋮ DISTORTION RISK MEASURES, AMBIGUITY AVERSION AND OPTIMAL EFFORT ⋮ Insurance bargaining under ambiguity ⋮ Revisiting precautionary saving under ambiguity ⋮ Comparative ambiguity aversion and downside ambiguity aversion

Cites Work

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