I\'m running the newest version of Android SDK on Mac OS X 10.9.3. I haven\'t had the Android SDK or any other Java development environment installed on this machine before, so
Try this (Considering that the cause is a corrupted config for an existing AVD):
Go to ~/.android/avd
Check the list of AVDs. If you think one of those AVDs is causing the problems, sudo rm -r (UNIQUE PART OF AVD NAME)*
This removes that AVD. Then re-try android avd