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Off the charts: Massive unexplained heterogeneity in a global study of ambiguity attitudes

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dc.creatorl’Haridon, Olivierspa
dc.creatorVieider, Ferdinand M.spa
dc.creatorAycinena Abascal, Diegospa
dc.creatorBandur, Agustinusspa
dc.creatorBelianin, Alexisspa
dc.creatorCingl, Lubomírspa
dc.creatorKothiyal, Amitspa
dc.creatorMartinsson, Peterspa
dc.date.accessioned2020-05-25T23:58:54Z
dc.date.available2020-05-25T23:58:54Z
dc.date.created2018spa
dc.description.abstractAmbiguity attitudes have been prominently used in economic models, but we still know little about their demographic correlates or their generalizability beyond the West. We analyze the ambiguity attitudes of almost 3,000 students across thirty countries. For gains, we find ambiguity aversion everywhere, while ambiguity aversion is much weaker for losses. Ambiguity attitudes change systematically with probabilities for both gains and losses. Much of the between-country variation can be explained through a fewmacroeconomic characteristics. In contrast, we find massive unexplained variation at the individual level. We also find much unexplained heterogeneity in individual responses to different decision tasks. © 2018 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.1162/rest_a_00724
dc.identifier.issn00346535
dc.identifier.issn15309142
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/22948
dc.language.isoengspa
dc.publisherMIT Press Journalsspa
dc.relation.citationEndPage677
dc.relation.citationIssueNo. 4
dc.relation.citationStartPage664
dc.relation.citationTitleReview of Economics and Statistics
dc.relation.citationVolumeVol. 100
dc.relation.ispartofReview of Economics and Statistics, ISSN:00346535, 15309142, Vol.100, No.4 (2018); pp. 664-677spa
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85055527896&doi=10.1162%2frest_a_00724&partnerID=40&md5=ab6d14373b36085ec63a797c29fef063spa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.keywordMassivespa
dc.subject.keywordunexplainedspa
dc.subject.keywordheterogeneityspa
dc.subject.keywordglobalspa
dc.subject.keywordstudyspa
dc.subject.keywordambiguityspa
dc.subject.keywordattitudesspa
dc.titleOff the charts: Massive unexplained heterogeneity in a global study of ambiguity attitudesspa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
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