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ambiguity aversion. In DICTIOUS you will not only get to know all the dictionary meanings for the word
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English
Noun
ambiguity aversion (uncountable)
- (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.
- Synonym: uncertainty aversion
Translations
Translations
- Japanese: 曖昧さ回避 (ja) (あいまいさかいひ, aimaisa kaihi)
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See also