%0 Generic
%A Duersch, Peter
%C Heidelberg
%D 2015
%F heidok:18837
%K Ellsberg experiment, Confidence
%R 10.11588/heidok.00018837
%T Decision confidence in the Ellsberg experiment
%U https://archiv.ub.uni-heidelberg.de/volltextserver/18837/
%V 0594
%X Subjects are asked to report their confidence in their own decisions regarding the Ellsberg three color urn. Subjective confidence is measured via a 5 point Likert scale. Surprisingly, subjects are more confident in their answer for the more complicated two color question, compared to the simple one color question. This is robust across a wide range of experimental contexts.