"ambiguity aversion" meaning in English

See ambiguity aversion in All languages combined, or Wiktionary

Noun

Head templates: {{en-noun|-}} ambiguity aversion (uncountable)
  1. (economics, decision theory) A preference for known risks over unknown risks: that is, favoring an option where the probability distribution of the outcomes is known over one where the probabilities are unknown. Tags: uncountable Categories (topical): Decision theory, Economics Synonyms: uncertainty aversion Related terms: Ellsberg paradox Translations (Translations): 曖昧さ回避 (aimaisa kaihi) (alt: あいまいさかいひ) (Japanese)
    Sense id: en-ambiguity_aversion-en-noun-eyxoLep1 Categories (other): English entries with incorrect language header Topics: economics, science, sciences

Download JSON data for ambiguity aversion meaning in English (1.9kB)

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        "(economics, decision theory) A preference for known risks over unknown risks: that is, favoring an option where the probability distribution of the outcomes is known over one where the probabilities are unknown."
      ],
      "related": [
        {
          "word": "Ellsberg paradox"
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          "alt": "あいまいさかいひ",
          "code": "ja",
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          "word": "uncertainty aversion"
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  "translations": [
    {
      "alt": "あいまいさかいひ",
      "code": "ja",
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      "roman": "aimaisa kaihi",
      "sense": "Translations",
      "word": "曖昧さ回避"
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  "word": "ambiguity aversion"
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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-05-06 from the enwiktionary dump dated 2024-05-02 using wiktextract (f4fd8c9 and c9440ce). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

If you use this data in academic research, please cite Tatu Ylonen: Wiktextract: Wiktionary as Machine-Readable Structured Data, Proceedings of the 13th Conference on Language Resources and Evaluation (LREC), pp. 1317-1325, Marseille, 20-25 June 2022. Linking to the relevant page(s) under https://kaikki.org would also be greatly appreciated.