ambiguity aversion

noun

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.

Similar
uncertainty aversion
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Meanings

nounambiguity aversion (uncountable)
  1. uncountabledecision theoryeconomicsA 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.

    Synonyms: uncertainty aversion

Synonyms & antonyms

nounA 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.

Similar
uncertainty aversion
Also see
uncertainty aversion

Translations

Japanese 曖昧さ回避
  • 曖昧さ回避 (aimaisa kaihi)Translations
Cite this entry
APA

ambiguity aversion. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/ambiguity%20aversion

MLA

“ambiguity aversion.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/ambiguity%20aversion. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “ambiguity aversion,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/ambiguity%20aversion.

Source: ambiguity aversion on Wiktionary, CC BY-SA 4.0.