HARD-TO-INTERPRET SIGNALS

Larry G. Epstein, Yoram Halevy

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

Decisions under uncertainty are often made with information whose interpretation is uncertain because multiple interpretations are possible. Individuals may perceive and handle uncertainty about interpretation differently and in ways that are not directly observable to a modeler. This paper identifies and experimentally examines behavior that can be interpreted as reflecting an individual’s attitude toward such uncertainty.

Original languageAmerican English
Pages (from-to)393-427
Number of pages35
JournalJournal of the European Economic Association
Volume22
Issue number1
DOIs
StatePublished - 1 Feb 2024

Bibliographical note

Publisher Copyright:
© The Author(s) 2023. Published by Oxford University Press on behalf of European Economic Association. All rights reserved.

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