Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/93358
Authors: 
Asano, Takao
Okudaira, Hiroko
Sasaki, Masaru
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Paper 7933
Abstract: 
This paper's objective is to design a laboratory experiment to explore the effect of ambiguity on a subject's search behavior in a finite-horizon sequential search model. In so doing, we employ a new approach to observe the potential trend of reservation points that is usually unobserved. We observe a significant dip in a trend of reservation points when subjects are faced with ambiguity over wage distributions.
Subjects: 
experiment
search model
ambiguity
reservation wage
JEL: 
C91
D81
Document Type: 
Working Paper

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