Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/127411 
Authors: 
Year of Publication: 
2015
Series/Report no.: 
Discussion Paper Series No. 594
Publisher: 
University of Heidelberg, Department of Economics, Heidelberg
Abstract: 
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.
Subjects: 
Ellsberg experiment
Confidence
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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