Ambiguity Attitudes and Economic Behavior

Stephen G. Dimmock, Roy Kouwenberg, Olivia S. Mitchell, Kim Peijnenburg

NBER Working Paper No. 18743
Issued in January 2013

---- Acknowledgements -----

The authors gratefully acknowledge support from Netspar, the Pension Research Council and Boettner Center at the Wharton School of the University of Pennsylvania, and the ALP team at RAND, as well as the Wharton Behavioral Labs. We thank Sahil Bajaj, Nicola Gennaioli, Debrah Meloso, Stefan Trautmann, and Peter Wakker for helpful comments, and Tania Gutsche, Arie Kapteyn, and Bart Orriens for assistance with the survey. Yong Yu provided outstanding research assistance. Opinions and errors are solely those of the authors and not of the institutions providing funding for this study or with which the authors are affiliated. All rights reserved. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Olivia S. Mitchell -----

Mitchell serves as a Trustee for the Wells Fargo Advantage Funds and has received more than $10,000 from the TIAA-CREF Institute and RAND for research studies on retirement security.

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