ambiguity aversion

noun

Definitions

  1. A preference for known risks over unknown risks

    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.

The neighborhood

Vish — recursive loop

No curated loop yet for ambiguity aversion. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA