Publications by authors named "Sujoy Mukerji"
Article Synopsis
- The study measures how sensitive individuals are to ambiguity by calculating an ambiguity premium, similar to the risk premium used in finance.
- The experiment involves tasks with known risks and tasks with uncertainty, where participants have varying levels of information.
- Results show significant differences in how people perceive ambiguity, and overall, the sensitivity to ambiguity is found to be comparable to sensitivity to risk.
