Hard-to-Interpret Signals
Yoram Halevy*, Larry Epstein
Date: 2019-05-05 9:00 am – 9:30 am
Last modified: 2019-04-14
Abstract
Decisions under uncertainty are often made with information that is difficult to interpret because multiple interpretations are possible. Individuals may perceive and handle uncertainty about interpretation differently and in ways that are not directly observable to a modeler. This paper identifies and experimentally examines behavior that can be interpreted as reflecting an individual's attitude towards such uncertainty.