New study reveals how perceived ambiguity impacts decision-making and preferences.
The article discusses how people make decisions when they are uncertain about probabilities. The researchers found that there are specific measures that reflect this uncertainty, called relevant measures. These measures are important for understanding how people deal with ambiguity in decision-making. The researchers also showed that changes in how people handle ambiguity do not affect these relevant measures. This helps us better understand how people make choices when they are unsure about the outcomes.