A Simple Way to Elicit Subjective Ambiguity: Application to Low-dose Radiation Exposure in Fukushima
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Trudy Cameron, 2005.
"Updating Subjective Risks in the Presence of Conflicting Information: An Application to Climate Change,"
Journal of Risk and Uncertainty, Springer, vol. 30(1), pages 63-97, January.
- Trudy Ann Cameron, 2001. "Updating Subjective Risks in the Presence of Conflicting Information: An Application to Climate Change," University of Oregon Economics Department Working Papers 2003-8, University of Oregon Economics Department, revised 14 Jul 2001.
- Mary Riddel, 2009. "Risk Perception, Ambiguity, and Nuclear-Waste Transport," Southern Economic Journal, John Wiley & Sons, vol. 75(3), pages 781-797, January.
- Kanninen Barbara J., 1995. "Bias in Discrete Response Contingent Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 28(1), pages 114-125, January.
- Mohammed Abdellaoui & Aurelien Baillon & Laetitia Placido & Peter P. Wakker, 2011.
"The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation,"
American Economic Review, American Economic Association, vol. 101(2), pages 695-723, April.
- Mohammed Abdellaoui & Laetitia Placido & Aurélien Baillon & P.P. Wakker, 2011. "The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00609214, HAL.
- Mohammed Abdellaoui & Laetitia Placido & Aurélien Baillon & P.P. Wakker, 2011. "The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation," Post-Print hal-00609214, HAL.
- Jeffrey M Wooldridge, 2010.
"Econometric Analysis of Cross Section and Panel Data,"
MIT Press Books,
The MIT Press,
edition 2, volume 1, number 0262232588, April.
- Jeffrey M. Wooldridge, 2001. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262232197, April.
- Herriges, Joseph A. & Shogren, Jason F., 1996.
"Starting Point Bias in Dichotomous Choice Valuation with Follow-Up Questioning,"
Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 112-131, January.
- Herriges, Joseph A. & Shogren, Jason F., 1996. "Starting Point Bias in Dichotomous Choice Valuation with Follow-Up Questioning," Staff General Research Papers Archive 1501, Iowa State University, Department of Economics.
- Ghirardato, Paolo & Maccheroni, Fabio & Marinacci, Massimo, 2004. "Differentiating ambiguity and ambiguity attitude," Journal of Economic Theory, Elsevier, vol. 118(2), pages 133-173, October.
- John C. Whitehead, 2002. "Incentive Incompatibility and Starting-Point Bias in Iterative Valuation Questions," Land Economics, University of Wisconsin Press, vol. 78(2), pages 285-297.
- Camerer, Colin & Weber, Martin, 1992.
"Recent Developments in Modeling Preferences: Uncertainty and Ambiguity,"
Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 325-370, October.
- Camerer, Colin F. & Weber, Martin, 1991. "Recent developments in modelling preferences: Uncertainty and ambiguitiy," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 275, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
- Massimo Marinacci, 2002.
"Probabilistic Sophistication and Multiple Priors,"
Econometrica, Econometric Society, vol. 70(2), pages 755-764, March.
- Massimo Marinacci, 2001. "Probabilistic sophistication and multiple priors," ICER Working Papers - Applied Mathematics Series 08-2001, ICER - International Centre for Economic Research.
- W. Kip Viscusi & Jahn Hakes, 2003. "Risk ratings that do not measure probabilities," Journal of Risk Research, Taylor & Francis Journals, vol. 6(1), pages 23-43, January.
- Viscusi, W Kip & Magat, Wesley A, 1992. "Bayesian Decisions with Ambiguous Belief Aversion," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 371-387, October.
- Aurélien Baillon, 2008. "Eliciting Subjective Probabilities Through Exchangeable Events: An Advantage and a Limitation," Decision Analysis, INFORMS, vol. 5(2), pages 76-87, June.
- Heckman, James J & Willis, Robert J, 1977.
"A Beta-logistic Model for the Analysis of Sequential Labor Force Participation by Married Women,"
Journal of Political Economy, University of Chicago Press, vol. 85(1), pages 27-58, February.
- James J. Heckman & Robert J. Willis, 1975. "A Beta-Logistic Model for the Analysis of Sequential Labor Force Participation by Married Women," NBER Working Papers 0112, National Bureau of Economic Research, Inc.
- Riddel, Mary, 2011. "Uncertainty and measurement error in welfare models for risk changes," Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 341-354, May.
- Adeline Delavande, 2008.
"Measuring revisions to subjective expectations,"
Journal of Risk and Uncertainty, Springer, vol. 36(1), pages 43-82, February.
- Adeline Delavande, 2005. "Measuring Revisions to Subjective Expectations," 2005 Meeting Papers 682, Society for Economic Dynamics.
- Mary Riddel & W. Shaw, 2006. "A theoretically-consistent empirical model of non-expected utility: An application to nuclear-waste transport," Journal of Risk and Uncertainty, Springer, vol. 32(2), pages 131-150, March.
- W. Viscusi & Harrell Chesson, 1999. "Hopes and Fears: the Conflicting Effects of Risk Ambiguity," Theory and Decision, Springer, vol. 47(2), pages 157-184, October.
- Mary Riddel & Christine Dwyer & W. Douglass Shaw, 2003. "Environmental Risk and Uncertainty: Insights from Yucca Mountain," Journal of Regional Science, Wiley Blackwell, vol. 43(3), pages 435-458, August.
- Kahn, Barbara E & Sarin, Rakesh K, 1988. "Modeling Ambiguity in Decisions under Uncertainty," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 15(2), pages 265-272, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Toshio Fujimi & Masahide Watanabe & Ryuji Kakimoto & Hirokazu Tatano, 2016. "Perceived ambiguity about earthquake and house destruction risks," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 80(2), pages 1243-1256, January.
- Toshio Fujimi & Masahide Watanabe & Ryuji Kakimoto & Hirokazu Tatano, 2016. "Perceived ambiguity about earthquake and house destruction risks," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 80(2), pages 1243-1256, January.
- Aurélien Baillon & Laure Cabantous & Peter Wakker, 2012. "Aggregating imprecise or conflicting beliefs: An experimental investigation using modern ambiguity theories," Journal of Risk and Uncertainty, Springer, vol. 44(2), pages 115-147, April.
- Laure Cabantous & Denis Hilton & Howard Kunreuther & Erwann Michel-Kerjan, 2011.
"Is imprecise knowledge better than conflicting expertise? Evidence from insurers’ decisions in the United States,"
Journal of Risk and Uncertainty, Springer, vol. 42(3), pages 211-232, June.
- Laure Cabantous & Denis Hilton & Howard Kunreuther & Erwann Michel-Kerjan, 2010. "Is Imprecise Knowledge Better than Conflicting Expertise? Evidence from Insurers’ Decisions in the United States," ICBBR Working Papers 7, International Centre for Behavioural Business Research.
- Mary Riddel, 2009. "Risk Perception, Ambiguity, and Nuclear‐Waste Transport," Southern Economic Journal, John Wiley & Sons, vol. 75(3), pages 781-797, January.
- Riddel, Mary, 2011. "Uncertainty and measurement error in welfare models for risk changes," Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 341-354, May.
- Aurélien Baillon & Zhenxing Huang & Asli Selim & Peter P. Wakker, 2018. "Measuring Ambiguity Attitudes for All (Natural) Events," Econometrica, Econometric Society, vol. 86(5), pages 1839-1858, September.
- Melkonyan, Tigran A., 2011. "The Effect of Communicating Ambiguous Risk Information on Choice," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 36(2), pages 1-21, August.
- Masahide Watanabe & Toshio Fujimi, 2015. "Evaluating Change in Objective Ambiguous Mortality Probability: Valuing Reduction in Ambiguity Size and Risk Level," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(1), pages 1-15, January.
- Toshio Fujimi & Hirokazu Tatano, 2013. "Promoting Seismic Retrofit Implementation Through “Nudge”: Using Warranty as a Driver," Risk Analysis, John Wiley & Sons, vol. 33(10), pages 1858-1883, October.
- Riddel, Mary C. & Shaw, W. Douglass, 2006. "A Theoretically-Consistent Empirical Non-Expected Utility Model of Ambiguity: Nuclear Waste Mortality Risk and Yucca Mountain," Pre-Prints 23964, Texas A&M University, Department of Agricultural Economics.
- Peter, Richard & Ying, Jie, 2020. "Do you trust your insurer? Ambiguity about contract nonperformance and optimal insurance demand," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 938-954.
- Jean Desrochers & J. Francois Outreville, 2013. "Uncertainty, Ambiguity and Risk Taking: an experimental investigation of consumer behavior and demand for insurance," ICER Working Papers 10-2013, ICER - International Centre for Economic Research.
- Dillenberger, David & Segal, Uzi, 2017.
"Skewed noise,"
Journal of Economic Theory, Elsevier, vol. 169(C), pages 344-364.
- David Dillenberger & Uzi Segal, 2013. "Skewed Noise," Boston College Working Papers in Economics 843, Boston College Department of Economics, revised 26 Jul 2016.
- David Dillenberger & Uzi Segal, 2015. "Skewed Noise," PIER Working Paper Archive 15-015, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- David Dillenberger & Uzi Segal, 2013. "Skewed Noise," PIER Working Paper Archive 13-066, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Sergio Almeida & Marcos Rangel, 2016. "Probabilistic Sophistication, Sources Of Uncertainty, And Cognitive Ability: Experimental Evidence," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 131, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Burghart, Daniel R. & Epper, Thomas & Fehr, Ernst, 2015.
"The Ambiguity Triangle: Uncovering Fundamental Patterns of Behavior Under Uncertainty,"
IZA Discussion Papers
9150, Institute of Labor Economics (IZA).
- Daniel R. Burghart & Thomas Epper & Ernst Fehr, 2015. "The ambiguity triangle: uncovering fundamental patterns of behavior under uncertainty," ECON - Working Papers 196, Department of Economics - University of Zurich.
- Daniel R. Burghart & Thomas Epper & Ernst Fehr, 2015. "The Ambiguity Triangle: Uncovering Fundamental Patterns of Behavior Under Uncertainty," CESifo Working Paper Series 5420, CESifo.
- Doron Sonsino & Yaron Lahav & Yefim Roth, 2022. "Reaching for Returns in Retail Structured Investment," Management Science, INFORMS, vol. 68(1), pages 466-486, January.
- Baillon, Aurélien & Bleichrodt, Han & Li, Chen & Wakker, Peter P., 2021. "Belief hedges: Measuring ambiguity for all events and all models," Journal of Economic Theory, Elsevier, vol. 198(C).
- Füllbrunn, Sascha & Rau, Holger & Weitzel, Utz, 2013. "Do ambiguity effects survive in experimental asset markets?," MPRA Paper 44700, University Library of Munich, Germany.
- Marco Rojas & Damián Vergara, 2021.
"Ambiguity and long-run cooperation in strategic games,"
Oxford Economic Papers, Oxford University Press, vol. 73(3), pages 1077-1098.
- Marco Rojas & Damián Vergara, 2018. "Ambiguity and Long-Run Cooperation in Strategic Games," Working Papers wp415, University of Chile, Department of Economics.
More about this item
Keywords
subjective ambiguity; belief elicitation; structural analysis; mortality rate; radiation exposure; Fukushimas;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:koe:wpaper:1417. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kimiaki Shirahama (email available below). General contact details of provider: https://edirc.repec.org/data/fekobjp.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.