“...In most medical decisions, probabilities are ambiguous and not objectively known. Empirical evidence suggests that people's preferences are affected by...”

“...This paper proposes a nonparametric approach for estimation of stochastic production functions with categorical and continuous variables, and then develops...”

“...This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness of investment to demand shocks. Uncertainty increases real...”

“...We report the results from an experiment designed to measure attitudes towards ambiguity beyond ambiguity aversion. In particular, we implement...”

“...The influence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts...”

“...Ambiguity attitudes have been prominently used in economic models, but we still know little about their demographic correlates or their generalizability beyond...”

“...Economic modeling assumes, for the most part, that agents are Bayesian, that is, that they entertain probabilistic beliefs, objective or subjective, regarding...”

“...Abstract Can machine learning improve human decision making? Bail decisions provide a good test case. Millions of times each year, judges make jail-or-release...”

“...In 1979, Daniel Kahneman and Amos Tversky, published a paper in Econometrica titled “Prospect Theory: An Analysis of Decision under Risk.” The paper presented...”

“...Decisions about how to share resources with others often need to be taken under uncertainty regarding its allocational consequences. Although risk preferences...”