Cavatorta, Elisa and Schröder, David (2019) Measuring ambiguity preferences: a new ambiguity preference survey module. Journal of Risk and Uncertainty 58 (1), pp. 71-100. ISSN 0895-5646.
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Abstract
Ambiguity preferences are important to explain human decision-making in many areas in economics and finance. To measure individual ambiguity preferences, the experimental economics literature advocates using incentivized laboratory experiments. Yet, laboratory experiments are costly, time-consuming and require substantial administrative effort. This study develops an experimentally validated ambiguity preference survey module that can reliably measure ambiguity preferences when carrying out laboratory experiments is impractical. This toolkit may have wide applications, including end-of-session lab questionnaires, large scale surveys and financial client assessments.
Metadata
| Item Type: | Article |
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| Additional Information: | The final publication is available at Springer via the link above. |
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Depositing User: | David Schroeder |
| Date Deposited: | 13 Nov 2018 13:45 |
| Last Modified: | 02 Aug 2023 17:46 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/25121 |
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