TY  - GEN
CY  - Heidelberg
AV  - public
T3  - Discussion Paper Series, University of Heidelberg, Department of Economics
Y1  - 2015/06//
TI  - Decision confidence in the Ellsberg experiment
KW  - Ellsberg experiment
KW  -  Confidence
ID  - heidok18837
EP  - 4
A1  - Duersch, Peter
UR  - https://archiv.ub.uni-heidelberg.de/volltextserver/18837/
N2  - 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.
ER  -