Abstract We empirically show that sample information not only moderates prospects’ outcome ambiguity but also decision makers’ revealed aversion of them. Since most natural prospects permit at least some inference, accounting for their degree improves prediction aversion. The special case full ambiguity, as in Ellsberg-type designs, is typically averted—yet many makers systematically like low d...

This talk is based on a joint paper with A. Bonami and G. Garrigós [3] in which the phase retrieval problem for the Radar Ambiguity Function (i.e. the Radar Ambiguity Problem) has been tackled. In particular it was shown that for wide classes of signals, the radar ambiguity problem has a unique solution, up to trivial transformations. In the second part of the talk, we report on ongoing work by...

By using the fractional Fourier transformation of the time-domain signals, closed-form expressions for the projections of their auto or cross ambiguity functions are derived. Based on a similar formulation for the projections of the auto and cross Wigner distributions and the well known two-dimensional (2-D) Fourier transformation relationship between the ambiguity and Wigner domains, closed-fo...

Al-Najjar and Weinstein 2009 propose to scrutinize the implications of recent theories of ambiguity in dynamic settings. They conclude that such implications are so unreasonable as to cast doubts on the legitimacy of the theories under consideration. The present paper argues that the seemingly unreasonable implications highlighted by Al-Najjar and Weinstein can be understood as the result of ba...

ln this paper, we describe an approach to planning sensing slralegies dynamically, based on the system’s current best information about the world. Our approach is for the system to automatically propose a sensing operation, and then to determine the maximum ambiguity which might remain in the world description if that sensing operation were applied. The system then applies that sensing operatio...

We present the concept of nocuous ambiguity, which occurs when text is interpreted differently by different readers. In contrast, text exhibits innocuous ambiguity if different readers interpret it in the same way, even though structural or semantic analyses suggest that multiple interpretations may be possible. We collect multiple human judgements of a set of English phrases obtained from requ...

We analyze a market populated by expected utility maximizers and smooth ambiguity-averse consumers. We study conditions under which ambiguity-averse consumers survive and affect prices in the limit. If ambiguity vanishes with time or if the economy exhibits no aggregate risk, ambiguity-averse consumers survive, but have no long-run impact on prices. In both scenarios, ambiguity-averse consumers...

This study examined the effects of locus control, tolerance ambiguity, vision, persistence, and resilience on entrepreneurial competency, performance, sustainability among micro-enterprises in Kelantan, Malaysia. Adopting a cross-sectional design, authors collected data from 403 micro-entrepreneurs. The findings revealed that control vision significantly influenced competencies. In turn, compet...