منابع مشابه
Ambiguity and Social Interaction∗
We present a non-technical account of ambiguity in strategic games and show how it may be applied to economics and social sciences. Optimistic and pessimistic responses to ambiguity are formally modelled. We show that pessimism has the effect of increasing (decreasing) equilibrium prices under Cournot (Bertrand) competition. In addition the effects of ambiguity on peace-making are examined. It ...
متن کاملAmbiguity in Social Dilemmas
Acknowledgment I have been fortunate to become a student of my advisor Peter P. Wakker. For four years I benefited by observing and learning from Peter's reasoning, speech, and scholarly integrity. I thank him first and foremost, for I am a better thinker, researcher, and person because of his kind mentorship. I thank my second advisor and first coauthor Martijn J. van den Assem, for giving me ...
متن کاملAmbiguity in Social Learning
Are there differences in learning when information is ambiguous relative to when it is not? This paper explores how the introduction of ambiguity in a social learning game affects the strategies chosen by players. We test the multiple priors model in a laboratory experiment of informational cascades. Our findings suggest a high level of probabilistic sophistication in part of our subjects and p...
متن کاملSocial Exchange and Risk and Ambiguity Preferences
We present an experiment in which we test for the effect of participating in a social exchange exercise on revealed risk and ambiguity preferences. In our experiments, subjects make choices over lotteries that reveal their risk and ambiguity preferences. They then participate with a small group in an unstructured on-line chat. After the chat, they reconsider their choices in the risk and ambigu...
متن کاملSocial exclusion: licence through ambiguity
In this paper I discuss some of the implications for state education that arise from what I argue is the ambiguous and flexible nature of the term ‘social exclusion’. I briefly consider the conceptual relationship between social exclusion, poverty and deprivation. Using the metaphor of story, I explore the operation of the term in the New Labour project, with particular attention to some of its...
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ژورنال
عنوان ژورنال: Oxford Economic Papers
سال: 2008
ISSN: 1464-3812,0030-7653
DOI: 10.1093/oep/gpn030