We review recent advances in the field of decision making under uncertainty or ambiguity.
We start with a presentation of the general approach to a decision problem under …

We conduct a bibliometric analysis and review the literature of the last six decades on
ambiguity aversion. Comparing trends in theoretical, experimental, and empirical …

This paper reports the results of experiments testing prevalence of non-neutral ambiguity
attitudes and how these attitudes change as a result of interpersonal interactions. To …

Experimental results on the Ellsberg paradox typically reveal behavior that is commonly
interpreted as ambiguity aversion. The experiments reported in the current paper find the …

This paper is a meta‐analysis of experimental studies dealing with the impact of incidental
emotions (happiness, sadness, fear, and anger) on financial risk‐taking, so as to explain …

In many types of information systems, users face an implicit tradeoff between disclosing
personal information and receiving benefits, such as discounts by an electronic commerce …

To what extent do people adapt their information search policies and subsequent decisions
to the long-and short-run consequences of choice environments? To address this question …

We suggest a model of a multi-agent society of decision makers taking decisions being
based on two criteria, one is the utility of the prospects and the other is the attractiveness of …

Purpose–The purpose of this paper is to explore how psychological variables are related to
real-life insurance consumption. Specifically, the authors focus on whether emotions and …

Although a number of theoretical studies explain empirical puzzles in finance with ambiguity
aversion, it is not a given that individual ambiguity attitudes survive in markets. In fact …