“Risk, Ambiguity, and the Savage Axioms.”

Disciplining Interdisciplinarity: Integration and Implementation Sciences for Researching Complex Real-World Problems

Bammer, G. (2013) · ANU Press eBooks · doi:10.26530/oapen_459901 · Cited by 324

Nonlinear Decision Weights in Choice Under Uncertainty

Wu, G., & Gonzalez, R. (1999) · Management Science · doi:10.1287/mnsc.45.1.74 · Cited by 286

Belief Elicitation in Experiments: Is There a Hedging Problem?

Blanco, M., Engelmann, D., Koch, A. K., & Normann, H. (2010) · Experimental Economics · doi:10.1007/s10683-010-9249-1 · Cited by 298

The Economics and Psychology of Personality TraitsPreprint

Borghans, L., Duckworth, A. L., Heckman, J. J., & ter Weel, B. (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.1135909 · Cited by 302

Additive representations of non-additive measures and the choquet integral

Gilboa, I., & Schmeidler, D. (1994) · Annals of Operations Research · doi:10.1007/bf02032160 · Cited by 282

AN EXPERIMENTAL INVESTIGATION OF DETERRENCE: CHEATING, SELF‐SERVING BIAS, AND IMPULSIVITY*

Nagin, D. S., & Pogarsky, G. (2003) · Criminology · doi:10.1111/j.1745-9125.2003.tb00985.x · Cited by 279

A meta-analytic review of two modes of learning and the description-experience gap.

Wulff, D. U., Mergenthaler, M., & Hertwig, R. (2017) · Psychological Bulletin · doi:10.1037/bul0000115 · Cited by 275

The ubiquity of habits and rules

Hodgson, G. M. (1997) · Cambridge Journal of Economics · doi:10.1093/oxfordjournals.cje.a013692 · Cited by 281

The Rise and Fall of the Golden Age

Glyn, A., Hughes, A., Lipietz, A., & Singh, A. (1992) · Oxford University Press eBooks · doi:10.1093/acprof:oso/9780198287414.003.0002 · Cited by 327

Axiomatic Foundations of Multiplier Preferences

Strzalecki, T. (2011) · Econometrica · doi:10.3982/ecta8155 · Cited by 276

Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior ApproachPreprint

Garlappi, L., Wang, T., & Uppal, R. (2005) · SSRN Electronic Journal · doi:10.2139/ssrn.671981 · Cited by 264

The effect of accountability on susceptibility to decision errors

Simonson, I., & Nye, P. (1992) · Organizational Behavior and Human Decision Processes · doi:10.1016/0749-5978(92)90020-8 · Cited by 273

Nonconsequentialist decisions

Baron, J. (1994) · Behavioral and Brain Sciences · doi:10.1017/s0140525x0003301x · Cited by 277

THE AMBIGUITY AVERSION LITERATURE: A CRITICAL ASSESSMENT

Al‐Najjar, N. I., & Weinstein, J. (2009) · Economics and Philosophy · doi:10.1017/s026626710999023x · Cited by 274

Cognitive processes and the decisions of some parents to forego pertussis vaccination for their children

Meszaros, J. R., Asch, D. A., Baron, J., Hershey, J. C., Kunreuther, H., & Schwartz-Buzaglo, J. (1996) · Journal of Clinical Epidemiology · doi:10.1016/0895-4356(96)00007-8 · Cited by 271

Ambiguity in portfolio selection

Pflug, G. C., & Wozabal, D. (2007) · Quantitative Finance · doi:10.1080/14697680701455410 · Cited by 273

Decision-Making Processes in Social Contexts

Bruch, E. E., & Feinberg, F. M. (2017) · Annual Review of Sociology · doi:10.1146/annurev-soc-060116-053622 · Cited by 318

The Golden Age of Capitalism

(1992) · doi:10.1093/acprof:oso/9780198287414.001.0001 · Cited by 271

Introduction to Experimental Economics

Roth, A. (2004) · Princeton University Press eBooks · doi:10.2307/j.ctvzsmff5.5 · Cited by 169

Evaluation and Decision Models: a Critical Perspective

French, S. (2002) · Journal of the Operational Research Society · doi:10.1057/palgrave.jors.2601380 · Cited by 270

Risk management and climate change

Kunreuther, H., Heal, G., Allen, M., Edenhofer, O., Field, C. B., & Yohe, G. (2013) · Nature Climate Change · doi:10.1038/nclimate1740 · Cited by 268

Risk, unexpected uncertainty, and estimation uncertainty: Bayesian learning in unstable settings

Payzan-LeNestour, E., & Bossaerts, P. (2011) · PLoS Computational Biology · doi:10.1371/journal.pcbi.1001048 · Cited by 267

Decision-theoretic foundations of qualitative possibility theory

Dubois, D., Prade, H. M., & Sabbadin, R. (2001) · European Journal of Operational Research · doi:10.1016/s0377-2217(99)00473-7 · Cited by 265

Experimental comparison of individual behavior under risk and under uncertainty for gains and for losses

Cohen, M. D., Jaffray, J., & Saïd, T. (1987) · Organizational Behavior and Human Decision Processes · doi:10.1016/0749-5978(87)90043-4 · Cited by 260

Stretching the Truth: Elastic Justification and Motivated Communication of Uncertain Information

Schweitzer, M. E., & Hsee, C. K. (2002) · Journal of Risk and Uncertainty · doi:10.1023/a:1020647814263 · Cited by 256

Impact of public policy uncertainty on renewable energy investment: Wind power and the production tax credit

Barradale, M. J. (2010) · Energy Policy · doi:10.1016/j.enpol.2010.08.021 · Cited by 264

The Axioms of Subjective Probability

Fishburn, P. C. (1986) · Statistical Science · doi:10.1214/ss/1177013611 · Cited by 264

Collective Engagement in Creative Tasks

Harvey, S., & Kou, C.-Y. (2013) · Administrative Science Quarterly · doi:10.1177/0001839213498591 · Cited by 296

Thermodynamics as a theory of decision-making with information-processing costs

Ortega, P. A., & Braun, D. A. (2013) · Proceedings of the Royal Society A Mathematical Physical and Engineering Sciences · doi:10.1098/rspa.2012.0683 · Cited by 279

Seepage: Climate change denial and its effect on the scientific community

Lewandowsky, S., Орескес, Н., Risbey, J. S., Newell, B. R., & Smithson, M. J. (2015) · Global Environmental Change · doi:10.1016/j.gloenvcha.2015.02.013 · Cited by 281

Using large-scale experiments and machine learning to discover theories of human decision-making

Peterson, J. C., Bourgin, D., Agrawal, M., Reichman, D., & Griffiths, T. L. (2021) · Science · doi:10.1126/science.abe2629 · Cited by 273

Trust: An Integrative Review from a Person–Situation Perspective

Thielmann, I., & Hilbig, B. E. (2015) · Review of General Psychology · doi:10.1037/gpr0000046 · Cited by 288

Uncertainty, Risk, and the Financial Crisis of 2008

Nelson, S. C., & Katzenstein, P. J. (2014) · International Organization · doi:10.1017/s0020818313000416 · Cited by 272

Rational Decision and Causality

Eells, E. (2016) · Cambridge University Press eBooks · doi:10.1017/cbo9781316534823 · Cited by 257

Salience

Bordalo, P., Gennaioli, N., & Shleifer, A. (2022) · Annual Review of Economics · doi:10.1146/annurev-economics-051520-011616 · Cited by 281

Ambiguity and Second-Order Belief

Seo, K. (2009) · Econometrica · doi:10.3982/ecta6727 · Cited by 258

Motivational factors in decision theories: The role of self-protection.

Larrick, R. P. (1993) · Psychological Bulletin · doi:10.1037/0033-2909.113.3.440 · Cited by 260

Evidence of the Properties of an Ambiguity Tolerance Measure: The Multiple Stimulus Types Ambiguity Tolerance Scale–II (MSTAT–II)

McLain, D. L. (2009) · Psychological Reports · doi:10.2466/pr0.105.3.975-988 · Cited by 259

Ambiguity and the Bayesian Paradigm

Gilboa, I., & Marinacci, M. (2016) · Springer eBooks · doi:10.1007/978-3-319-20451-2_21 · Cited by 253

The description–experience gap in risky choice: the role of sample size and experienced probabilities

Hau, R. C., Pleskac, T. J., Kiefer, J., & Hertwig, R. (2008) · Journal of Behavioral Decision Making · doi:10.1002/bdm.598 · Cited by 255

Linear utility theory for belief functions

Jaffray, J. (1989) · Operations Research Letters · doi:10.1016/0167-6377(89)90010-2 · Cited by 256

The uncertainty of innovation: a systematic review of the literature

Jalonen, H. (2011) · Journal of Management Research · doi:10.5296/jmr.v4i1.1039 · Cited by 259

What Matters to Individual Investors? Evidence from the Horse's Mouth

Choi, J. J., & Robertson, A. (2020) · The Journal of Finance · doi:10.1111/jofi.12895 · Cited by 237

Policy Evaluation in Uncertain Economic Environments

Brock, W. A., Durlauf, S. N., & West, K. D. (2003) · Brookings Papers on Economic Activity · doi:10.1353/eca.2003.0013 · Cited by 255

The So-Called Allais Paradox and Rational Decisions under Uncertainty

Allais, M. (1979) · Springer eBooks · doi:10.1007/978-94-015-7629-1_17 · Cited by 255

Risk and Uncertainty Communication

Spiegelhalter, D. (2017) · Annual Review of Statistics and Its Application · doi:10.1146/annurev-statistics-010814-020148 · Cited by 248

Verbal versus numerical probabilities: Efficiency, biases, and the preference paradox

Erev, I., & Cohen, B. L. (1990) · Organizational Behavior and Human Decision Processes · doi:10.1016/0749-5978(90)90002-q · Cited by 250

What Determines the Shape of the Probability Weighting Function Under Uncertainty?

Kilka, M., & Weber, M. (2001) · Management Science · doi:10.1287/mnsc.47.12.1712.10239 · Cited by 240

The effects of one night of sleep deprivation on known-risk and ambiguous-risk decisions

MCKENNA, B. S., DICKINSON, D. L., ORFF, H. J., & DRUMMOND, S. P. A. (2007) · Journal of Sleep Research · doi:10.1111/j.1365-2869.2007.00591.x · Cited by 246

Strotz Meets Allais: Diminishing Impatience and the Certainty Effect

Halevy, Y. (2008) · American Economic Review · doi:10.1257/aer.98.3.1145 · Cited by 233

Regret, recrimination and rationality

Sugden, R. (1985) · Theory and Decision · doi:10.1007/bf00134355 · Cited by 250

Decision making and cancer.

Reyna, V. F., Nelson, W. L., Han, P. K. J., & Pignone, M. P. (2015) · American Psychologist · doi:10.1037/a0036834 · Cited by 270

Attitude toward imprecise information

Gajdos, T., Hayashi, T., Tallon, J., et al. (2007) · Journal of Economic Theory · doi:10.1016/j.jet.2007.09.002 · Cited by 246

A more dynamic understanding of human behaviour for the Anthropocene

Schill, C., Anderies, J. M., Lindahl, T., Folke, C., Polasky, S., Cárdenas, J.-C., Crépin, A., Janssen, M. A., Norberg, J., & Schlüter‬, M. (2019) · Nature Sustainability · doi:10.1038/s41893-019-0419-7 · Cited by 272

Explicit neural signals reflecting reward uncertainty

Schultz, W., Preuschoff, K., Camerer, C., Hsu, M., Fiorillo, C. D., Tobler, P. N., & Bossaerts, P. (2008) · Philosophical Transactions of the Royal Society B Biological Sciences · doi:10.1098/rstb.2008.0152 · Cited by 239

The effect of consumer confusion proneness on word of mouth, trust, and customer satisfaction

Walsh, G., & Mitchell, V. (2010) · European Journal of Marketing · doi:10.1108/03090561011032739 · Cited by 280

Decision-Making Under Risk

Mishra, S. (2014) · Personality and Social Psychology Review · doi:10.1177/1088868314530517 · Cited by 265

Profit Squeeze and Keynesian Theory

Marglin, S. A., & Bhaduri, A. (1991) · Palgrave Macmillan UK eBooks · doi:10.1007/978-1-349-10947-0_8 · Cited by 281

Subjective Probabilities on Subjectively Unambiguous Events

Epstein, L. G., & Zhang, J. (2001) · Econometrica · doi:10.1111/1468-0262.00193 · Cited by 242

Food waste: The role of date labels, package size, and product category

Wilson, N. L. W., Rickard, B. J., Saputo, R., & Ho, S.-T. (2017) · Food Quality and Preference · doi:10.1016/j.foodqual.2016.08.004 · Cited by 238

Generalised free energy and active inference

Parr, T., & Friston, K. J. (2019) · Biological Cybernetics · doi:10.1007/s00422-019-00805-w · Cited by 236

Rational Choice and the Framing of Decisions

Tversky, A., & Kahneman, D. J. (1989) · Springer eBooks · doi:10.1007/978-3-642-74919-3_4 · Cited by 261

Objective and Subjective Rationality in a Multiple Prior Model

Gilboa, I., Maccheroni, F., Marinacci, M., & Schmeidler, D. (2010) · Econometrica · doi:10.3982/ecta8223 · Cited by 240

The Evolutionary Roots of Human Decision Making

Santos, L. R., & Rosati, A. G. (2015) · Annual Review of Psychology · doi:10.1146/annurev-psych-010814-015310 · Cited by 250

Decisions based on numerically and verbally expressed uncertainties.

Budescu, D. V., Weinberg, S., & Wallsten, T. S. (1988) · Journal of Experimental Psychology Human Perception & Performance · doi:10.1037/0096-1523.14.2.281 · Cited by 252

Rational Risk Policy

Viscusi, W. K. (1998) · doi:10.1093/0198293631.001.0001 · Cited by 234

Chapter 2 Uncertainty, risk aversion, and risk management for agricultural producers

Moschini, G., & Hennessy, D. A. (2001) · Handbook of agricultural economics · doi:10.1016/s1574-0072(01)10005-8 · Cited by 258

The Meaning of Lumps: A Case Study of the Ambiguities of Risk

Gifford, S. M. (1986) · Springer eBooks · doi:10.1007/978-94-009-3723-9_8 · Cited by 238

Psychology and Economics: Evidence from the Field

DellaVigna, S. (2007) · National Bureau of Economic Research · doi:10.3386/w13420 · Cited by 246

A Simple Axiomatization of Nonadditive Expected Utility

Sarin, R. K., & Wakker, P. P. (1992) · Econometrica · doi:10.2307/2951521 · Cited by 232

Opportunities as Artifacts and Entrepreneurship as Design

Berglund, H., Bousfiha, M., & Mansoori, Y. (2020) · Academy of Management Review · doi:10.5465/amr.2018.0285 · Cited by 248

Ambiguity Attitudes in a Large Representative Sample

Dimmock, S. G., Kouwenberg, R. R. P., & Wakker, P. P. (2015) · Management Science · doi:10.1287/mnsc.2015.2198 · Cited by 238

Stress and decision making: effects on valuation, learning, and risk-taking

Porcelli, A. J., & Delgado, M. R. (2016) · Current Opinion in Behavioral Sciences · doi:10.1016/j.cobeha.2016.11.015 · Cited by 273

Entrepreneurship and Epistemology: The Philosophical Underpinnings of the Study of Entrepreneurial Opportunities

Alvarez, S., & Barney, J. B. (2010) · Academy of Management Annals · doi:10.1080/19416520.2010.495521 · Cited by 342

A Truth Serum for Non-Bayesians: Correcting Proper Scoring Rules for Risk Attitudes

Offerman, T., Sonnemans, J., van de Kuilen, G., & Wakker, P. P. (2009) · The Review of Economic Studies · doi:10.1111/j.1467-937x.2009.00557.x · Cited by 218

Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise

Manski, C. F. (2018) · NBER Macroeconomics Annual · doi:10.1086/696061 · Cited by 228

On the Intuition of Rank-Dependent Utility

Diecidue, E., & Wakker, P. P. (2001) · Journal of Risk and Uncertainty · doi:10.1023/a:1011877808366 · Cited by 230

A theory of subjective compound lotteries

Ergin, H. I., & Gül, F. (2008) · Journal of Economic Theory · doi:10.1016/j.jet.2008.08.003 · Cited by 225

Psychology-Based Models of Asset Prices and Trading Volume

Barberis, N. (2018) · Handbook of behavioral economics · doi:10.1016/bs.hesbe.2018.07.001 · Cited by 231

Ambiguity and Ambiguity Aversion

Machina, M. J., & Siniscalchi, M. (2014) · Handbook of risk and uncertainty · doi:10.1016/b978-0-444-53685-3.00013-1 · Cited by 230

Balancing exploration and exploitation with information and randomization

Wilson, R. C., Bonawitz, E. B., Costa, V. D., & Ebitz, R. B. (2020) · Current Opinion in Behavioral Sciences · doi:10.1016/j.cobeha.2020.10.001 · Cited by 236

Do Firms Maximize? Evidence from Professional Football

Romer, D. (2006) · Journal of Political Economy · doi:10.1086/501171 · Cited by 217

Kullback-Leibler divergence constrained distributionally robust optimization

Hu, Z., & Hong, L. J. (2012) · Cited by 221

When and why do people avoid unknown probabilities in decisions under uncertainty? Testing some predictions from optimal foraging theory

Rode, C., Cosmides, L., Hell, W., & Tooby, J. (1999) · Cognition · doi:10.1016/s0010-0277(99)00041-4 · Cited by 226

Inferring on the intentions of others by hierarchical Bayesian learning

Diaconescu, A. O., Mathys, C., Weber, L. A. E., Daunizeau, J., Kasper, L., Lomakina, E. I., Fehr, E., & Stephan, K. E. (2014) · PLoS Computational Biology · doi:10.1371/journal.pcbi.1003810 · Cited by 219

Ambiguity Aversion, Comparative Ignorance, and Decision Context

Fox, C. R., & Weber, M. (2002) · Organizational Behavior and Human Decision Processes · doi:10.1006/obhd.2001.2990 · Cited by 226

Expectations and Confidence under Uncertainty

Dequech, D. (1999) · Journal of Post Keynesian Economics · doi:10.1080/01603477.1999.11490205 · Cited by 218

Ambiguity and underwriter decision processes

Kunreuther, H. C., Meszaros, J. R., Hogarth, R. M., & Spranca, M. D. (1995) · Journal of Economic Behavior & Organization · doi:10.1016/0167-2681(94)00041-c · Cited by 217

Neuronal Substrates for Choice Under Ambiguity, Risk, Gains, and Losses

Smith, K. C. S., Dickhaut, J. W., McCabe, K., & Pardo, J. V. (2002) · Management Science · doi:10.1287/mnsc.48.6.711.194 · Cited by 209

Ambiguity Aversion and Incompleteness of Financial Markets

Mukerji, S., & Tallon, J. (2001) · The Review of Economic Studies · doi:10.1111/1467-937x.00194 · Cited by 203

Risk, Uncertainty, and Entrepreneurship: Evidence from a Lab-in-the-Field Experiment

Koudstaal, M., Sloof, R., & van Praag, M. (2015) · Management Science · doi:10.1287/mnsc.2015.2249 · Cited by 228

Degrees of uncertainty: An overview and framework for future research on experience‐based choice

Rakow, T., & Newell, B. R. (2009) · Journal of Behavioral Decision Making · doi:10.1002/bdm.681 · Cited by 209

On the plausibility transformation method for translating belief function models to probability models

Cobb, B. R., & Shenoy, P. P. (2005) · International Journal of Approximate Reasoning · doi:10.1016/j.ijar.2005.06.008 · Cited by 215

Decision-making with belief functions: A review

Denœux, T. (2019) · International Journal of Approximate Reasoning · doi:10.1016/j.ijar.2019.03.009 · Cited by 214

Anger and happiness in virtual teams: Emotional influences of text and behavior on others’ affect in the absence of non-verbal cues

Cheshin, A., Rafaeli, A., & Bos, N. (2011) · Organizational Behavior and Human Decision Processes · doi:10.1016/j.obhdp.2011.06.002 · Cited by 213

ASPIRATION LEVEL, PROBABILITY OF SUCCESS AND FAILURE, AND EXPECTED UTILITY*

Diecidue, E., & van de Ven, J. (2006) · International Economic Review · doi:10.1111/j.1468-2354.2008.00494.x · Cited by 211

Reflections

Heal, G., & Millner, A. (2014) · Review of Environmental Economics and Policy · doi:10.1093/reep/ret023 · Cited by 229

The preference reversal phenomenon: Response mode, markets and incentives

Cox, J. C., & Grether, D. M. (1996) · Economic Theory · doi:10.1007/bf01213657 · Cited by 213

Acknowledging Misspecification in Macroeconomic Theory

Hansen, L. P., & Sargent, T. J. (2001) · Review of Economic Dynamics · doi:10.1006/redy.2001.0132 · Cited by 211

Small worlds: Modeling attitudes toward sources of uncertainty

Chew, S. H., & Sagi, J. S. (2007) · Journal of Economic Theory · doi:10.1016/j.jet.2007.07.004 · Cited by 210

Revealed Relative UtilitarianismPreprint

Börgers, T., & Choo, Y.-M. (2017) · SSRN Electronic Journal · doi:10.2139/ssrn.3035741 · Cited by 16

On the Interpretation of Nonsymmetric Bargaining Solutions and Their Extension to Nonexpected Utility Preferences

Valenciano, F., & Zarzuelo, J. M. (1994) · Games and Economic Behavior · doi:10.1006/game.1994.1062 · Cited by 14

Marginalism and the Shapley valuePreprint

Ghintran, A. (2010) · RePEc: Research Papers in Economics

Axiomatic Theory of Bargaining with a Variable Number of Agents

THOMSON, W. J., & Lensberg, T. (1989) · Cambridge University Press eBooks · doi:10.1017/cbo9780511664489 · Cited by 98

Savage's P3 Is Redundant

Hartmann, L. (2020) · Econometrica · doi:10.3982/ecta17428 · Cited by 14