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finite mixture regression models
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individual risk taking behavior
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latent heterogeneity
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Bruhin, Adrian
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Risk and Rationality: Uncovering Heterogeneity in Probability Distortion
Bruhin, Adrian
;
Fehr-Duda, Helga
;
Epper, Thomas
-
Institut für Volkswirtschaftslehre, …
-
2007
It has long been recognized that there is considerable heterogeneity in
individual
risk
taking
behavior but little is …
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