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ArticleAmbiguity and Insurance Decisions

Robin M. Hogarth2016

Article2016

Ambiguity and Insurance Decisions

Robin M. Hogarth · Howard C. Kunreuther

131 citations·0/0 files stored·American Economic Review

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Decision-Making and Behavioral Economics Healthcare Policy and Management Insurance and Financial Risk Management

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References

1981The Framing of Decisions and the Psychology of Choice 1961Risk, Ambiguity, and the Savage Axioms 1982Regret in Decision Making under Uncertainty 2007The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations 1991Microeconomic Systems as an Experimental Science 1992Market Insurance, Self-Insurance, and Self-Protection 1985Ambiguity and uncertainty in probabilistic inference.1978Disaster insurance protection: Public policy lessons

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1986Functional equivalence between liquidity costs and the utility of money 2009Catastrophic Risk and Credit Markets 2004On the Composition of Risk Preference and Belief.1989An empirical evaluation of descriptive models of ambiguity reactions in choice situations 1994Psychology and Economics: Perspectives on Risk, Cooperation, and the Marketplace 2012Uncertainty of Governmental Relief and the Crowding out of Flood Insurance

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1992Pricing Insurance and Warranties: Ambiguity and Correlated Risksarticle · 7 shared references 1988Decisions based on numerically and verbally expressed uncertainties.article · 5 shared references 1993Effects of Ambiguity in Market Experimentsarticle · 5 shared references 1987Recent developments in modelling preferences under riskarticle · 5 shared references 2004Decision Under Riskother · 5 shared references 1994Psychology and Economics: Perspectives on Risk, Cooperation, and the Marketplacearticle · 5 shared references

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Year2016

Typearticle

Published2016-01-01

VenueAmerican Economic Review

ISSN-L0002-8282

Languageen

Citations131

Files0 public / 0

ShelfDecision-Making and Behavioral Economics

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openalex_workW2993136162

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1989Experimental markets for insurance

2011Protecting Against Low‐Probability Disasters: The Role of Worry