Publication:
The effect of ambiguity in strategic environments: an experiment

Simple item page
dc.affiliation.dptoUC3M. Departamento de EconomĆ­aes
dc.contributor.authorBraƱas Garza, Pablo
dc.contributor.authorCabrales Goitia, Antonio
dc.contributor.authorEspinosa, M. A.
dc.contributor.authorJorrat, D.
dc.contributor.funderEuropean Commissionen
dc.contributor.funderMinisterio de Economƭa y Competitividad (EspaƱa)es
dc.date.accessioned2022-11-04T09:51:11Z
dc.date.available2022-11-04T09:51:11Z
dc.date.issued2022-09-23
dc.description.abstractWe experimentally study a game in which success requires a sufficient total contribution by members of a group. There are significant uncertainties surrounding the chance and the total effort required for success. A theoretical model with max-min preferences towards ambiguity predicts higher contributions under ambiguity than under risk. However, in a large representative sample of the Spanish population (1,500 participants) we find that the ATE of ambiguity on contributions is zero. The main significant interaction with the personal characteristics of the participants is with risk attitudes, and it increases contributions. This suggests that policymakers concerned with ambiguous problems (like climate change) do not need to worry excessively about ambiguityen
dc.description.sponsorshipWe gratefully acknowledge the financial help of the European Unionā€™s Horizon 2020 research and innovation programme under the Marie Sklodowska-Curie grant agree- ment No 891124; MINECO-FEDER (PID2021-126892NB-I00, PID2019-108718GB-I00); Basque Government IT1461-22en
dc.identifier.urihttps://hdl.handle.net/10016/35965
dc.identifier.uxxiDT/0000002026
dc.language.isoeng
dc.relation.projectIDinfo:eu-repo/grantAgreement/EC/H2020/891124en
dc.relation.projectIDGobierno de EspaƱa. PID2021-126892NB-I00
dc.relation.projectIDGobierno de EspaƱa. PID2019-108718GB-I00
dc.rightsAtribuciĆ³n 3.0 EspaƱa*
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/es/*
dc.subject.ecienciaEconomĆ­aes
dc.subject.ecienciaMedio Ambientees
dc.subject.otherAmbiguityen
dc.subject.otherUncertaintyen
dc.subject.otherPublic goodsen
dc.subject.otherClimate changeen
dc.subject.otherContributionsen
dc.titleThe effect of ambiguity in strategic environments: an experimenten
dc.typeworking paper*
dspace.entity.typePublication
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Effect_Cabrales_2022.pdf
Size:
9.5 MB
Format:
Adobe Portable Document Format
Download
Collections
DE - Otros documentos
OpenAIRE: Open Access Infrastructure for Research in Europe