Conferences at Department of Economics, University of Toronto, Canadian Economic Theory Conference 2019

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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.

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