ambiguity aversion

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English[edit]

English Wikipedia has an article on:
Wikipedia

Noun[edit]

ambiguity aversion (uncountable)

  1. (economics, decision theory) A preference for known risks over unknown risks: that is, favoring an option where the probability distribution of the outcomes is known over one where the probabilities are unknown.
    Synonym: uncertainty aversion

Translations[edit]

Translations

See also[edit]

Retrieved from "https://en.wiktionary.org/w/index.php?title=ambiguity_aversion&oldid=78219714"