The existence of ambiguity presents a challenge to decision-makers as it eliminates the
ability to apply standard optimization approaches, such as those based on calculating the …

This paper uses laboratory experiments to study subjects' assessment of uncertainty
resulting from strategic and non-strategic decisions of other players. Non-strategic events …

In his Ph. D.-thesis, Ellsberg formulated strong conditions under which his hypothetical tests
of SEU theory have to take place–there should be no strategic interaction. Yet, in reality …

I consider static, incomplete information games where players may not be ambiguity neutral.
Every player is one of a finite set of types, and each knows her own type but not that of the …

We experimentally study a class of pie-sharing games with alternating roles from a decision-
making perspective. For this, we consider a variant of a two-stage alternating-offer game …

La minería es un sector de alto riesgo, ya que no sólo es difícil conocer el volumen extraíble
de un metal o mineral, sino que también es difícil calcular el capital de inversión y humano …

We experimentally study a class of pie-sharing games with alternating roles in which the
second (and final) stage of interaction follows the rules of a private impunity game, and …

Uncertainty and ways in which businesses can reduce it in order to build efficient
cyberdefense systems is the main focus of this chapter. We consider whether and to what …

Using belief elicitation, the paper investigates the process of belief formation and evolution
in a signaling game in which a common prior is not induced. Both prior and posterior beliefs …