Krawczyk, Michał - Wydział Nauk Ekonomicznych, Uniwersytet Warszawski - 2011
This study is a field experiment on loss aversion. The framing of scoring rules was differentiated in two exams at the … University of Warsaw, with only half the students facing explicit penalty points in the case of giving an incorrect answer. Loss … aversion predicts that less risk will be taken (less questions will be answered) when losses are possible but in fact, no …