Uncertain choices with asymmetric information: how clear evidence and ambiguity interact?

Uncertain choices with asymmetric information: how clear evidence and ambiguity interact?

Real-world decisions often involve partial ambiguity, where the complete picture of potential risks is unclear. In such situations, individuals must make choices by balancing the value of available information against the uncertainty of unknown risks. Our study investigates this challenge by examini...

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Bibliographic Details
Main Authors: Amir Hossein Tehrani-Safa, Atiye Sarabi-Jamab, Abdol-Hossein Vahabie, Babak Nadjar Araabi
Format: Article
Language:English
Published: Frontiers Media S.A. 2024-12-01
Series:Frontiers in Psychology
Subjects:
ambiguity
information
decision-making
asymmetry
risk
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2024.1509320/full
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