作者
Anna Conte, Gianmarco De Santis, John D Hey, Ivan Soraperra
发表日期
2023/12
期刊
Journal of Risk and Uncertainty
卷号
67
期号
3
页码范围
271-297
出版商
Springer US
简介
This paper builds on the data from a published paper on behaviour under ambiguity (Conte & Hey, )—henceforth C&H—to explore the determinants of decision time. C&H categorized individual subjects as being of one of four types (of decision-maker)—Expected Utility, Smooth Ambiguity, Rank Dependent and Alpha Expected Utility—by using the decisions of the subjects, but did not look at the decision times of the different types. We take as given the categorization identified by C&H, and explore whether the classification can explain the decision times of the subjects. We investigate whether and why different types take a different amount of time to decide. We explore the effects of various features related to (mainly psychological) theories of the process of decision-making—i.e., experience with the task, complexity, closeness to indifference and similarity of the options. Our results show that different types take a …
引用总数
20162017201820192020121
学术搜索中的文章
A Conte, G De Santis, JD Hey, I Soraperra - Journal of Risk and Uncertainty, 2023