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The Psychological Difference Between Ambiguity and Risk

Roger Sherman

The Quarterly Journal of Economics · 1974 · Volume 88 · Issue 1

DOI: 10.2307/1881806

Abstract

I. Ambiguity and risk in an urn problem, 166. — II. Tolerance for ambiguity and choice in the urn problem, 167. — III. Conclusion, 169.

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