FOURTH INTERNATIONAL SYMPOSIUM ON
IMPRECISE PROBABILITIES AND THEIR APPLICATIONS
Carnegie Mellon University
Pittsburgh, PA, USA
July 20-23 2005

ISIPTA'05 ELECTRONIC PROCEEDINGS

Horacio Arlo-Costa, Jeffrey Helzner

Comparative Ignorance and the Ellsberg Phenomenon

Abstract

The “Ellsberg phenomenon" has played a significant role in research on imprecise probabilities. Fox and Tversky [5] have attempted to explain this phenomenon in terms of their “comparative ignorance" hypothesis. We challenge that explanation and present empirical work suggesting an explanation that is much closer to Ellsberg's own diagnosis.

Keywords. Ellsberg, comparative ignorance, ambiguity aversion

Paper Download

The paper is availabe in the following formats:

Authors addresses:

Horacio Arlo-Costa
5523 HOWE ST. #2, PITTSBURGH, PA, 15232

Jeffrey Helzner
Department of Philosophy
Columbia University
1150 Amsterdam Avenue
708 Philosophy Hall, MC 4971
New York, NY10027

E-mail addresses:

Horacio Arlo-Costa hcosta@andrew.cmu.edu
Jeffrey Helzner jh2239@columbia.edu

Related Web Sites


[ back to the Proceedings of ISIPTA'05 home page 
Send any remarks to the following address: smc@decsai.ugr.es