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Savage vs. Anscombe-Aumann: an experimental investigation of ambiguity framew...
The Savage and the Anscombe–Aumann frameworks are the two most popular approaches used when modeling ambiguity. The former is more flexible, but the latter is often preferred... -
Hedging, ambiguity, and the reversal of order axiom [Dataset]
We ran experiments that gave subjects a straight-forward and simple opportunity to hedge away ambiguity in an Ellsberg-style experiment. Subjects had to make bets on the...
