Biases › Risk

Risk

Ambiguity aversion

We prefer known risks to unknown ones, even when the unknown might be better.

Ellsberg (1961), Risk, Ambiguity, and the Savage Axioms.

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What is Ambiguity aversion?

Ambiguity aversion is a behavioural bias (risk family): we prefer known risks to unknown ones, even when the unknown might be better. Unclear pricing, vague delivery dates and "contact us" plans put people off; clear numbers reassure. Nudgeswipe rates the evidence as strong. Source: Ellsberg (1961), Risk, Ambiguity, and the Savage Axioms.

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The research

Unclear pricing, vague delivery dates and "contact us" plans put people off; clear numbers reassure.

● Strong evidence (provisional)

Provisional rating: we cite only the original paper so far. It stays provisional until a replication or meta-analysis is added.

Source: doi.org/10.2307/1884324

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Key takeaways

  1. Honest nudge

    Make prices, dates and terms specific.

    Example: Wise sells against hidden exchange-rate markups with "the mid-market rate" →
  2. Dark-pattern line

    Using vagueness to hide costs, then exploiting the relief of finding a known figure later.

Use it

Apply this with your agent

The prompt carries this bias, its evidence rating and the honest-vs-dark line.

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Frequently asked questions

What is Ambiguity aversion?

Ambiguity aversion is a behavioural bias: we prefer known risks to unknown ones, even when the unknown might be better.

How does Ambiguity aversion work?

Unclear pricing, vague delivery dates and "contact us" plans put people off; clear numbers reassure.

How strong is the evidence for Ambiguity aversion?

Nudgeswipe rates it strong evidence (provisional). Original source: Ellsberg (1961), Risk, Ambiguity, and the Savage Axioms.

How can you use Ambiguity aversion honestly?

Make prices, dates and terms specific.

When does Ambiguity aversion become a dark pattern?

Using vagueness to hide costs, then exploiting the relief of finding a known figure later.

Which brands use Ambiguity aversion?

Nudgeswipe has 1 teardown of brands using it, including Wise. Whether it lifted their results is not public unless a teardown cites it.

In the wild

1 real example

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