Using a laboratory experiment, we identify whether decision-makers consider it a mistake to
violate canonical choice axioms. To do this, we incentivize subjects to report axioms they …

When people choose what messages to send to others, they often consider how others will
interpret the messages. In many environments, particularly in politics, people are motivated …

Decisions under uncertainty are often made with information whose interpretation is
uncertain because multiple interpretations are possible. Individuals may perceive and …

Keynes (1921) and Ellsberg (1961) have articulated an aversion toward betting on an urn
containing balls of two colors of unknown proportion to one with a 50–50 composition …

We investigate the problem of identifying incomplete preferences in the domain of
uncertainty by proposing an incentive-compatible mechanism that bounds the behavior that …

Experiments suggest that people fail to take into account interdependencies between their
choices—they do not broadly bracket. Researchers often instead assume people narrowly …

When an agent receives information from a source whose accuracy might be either high or
low, standard theory dictates that she update as if the source has medium accuracy. In a …

We provide a test of the axioms of certainty and weak certainty independence in models of
decision-making under subjective uncertainty. We show that it is through these two …

We demonstrate how the standard usage of the random incentive system in ambiguity
experiments eliciting certainty and probability equivalents might not be incentive compatible …

The classic framework of Anscombe and Aumann (Ann Math Stat 34: 199–205, 1963) for
decision-making under uncertainty postulates both a primary source of uncertainty (the …