Buying and selling prices under risk, ambiguity and conflict
Date
2009
Authors
Smithson, Michael
Campbell, Paul D.
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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
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Keywords
Keywords: Ambiguity; Buying; Conflict; Prices; Risk aversion; Costs; Probability; Sales; Risk assessment Ambiguity; Buying; Conflict; Prices; Risk aversion; Selling
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Source
Proceedings of International Symposium on Imprecise Probability (ISIPTA09) 2009
Type
Conference paper
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Restricted until
2037-12-31
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