Buying and selling prices under risk, ambiguity and conflict

Date

2009

Authors

Smithson, Michael
Campbell, Paul D.

Journal Title

Journal ISSN

Volume Title

Publisher

Durham University

Abstract

This paper reports an empirical study of buying and selling prices for three kinds of gambles: Risky (with known probabilities), ambiguous (with lower and upper probabilities), and conflictive (with disagreeing probability assessments). The latter two typ

Description

Keywords

Keywords: Ambiguity; Buying; Conflict; Prices; Risk aversion; Costs; Probability; Sales; Risk assessment Ambiguity; Buying; Conflict; Prices; Risk aversion; Selling

Citation

Source

Proceedings of International Symposium on Imprecise Probability (ISIPTA09) 2009

Type

Conference paper

Book Title

Entity type

Access Statement

License Rights

DOI

Restricted until

2037-12-31