Showing 1 - 10 of 17,428
the relationship between the individualism-collectivism continuum and risk perception around the world using a recently … to proxy individualism or adopt genetic distance as an instrumental variable linked to individualism, we find that more …
Persistent link: https://www.econbiz.de/10013405703
Persistent link: https://www.econbiz.de/10003882560
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when … actions. The resulting decisions may be less, rather than more, risky. Making a decision after acquiring information provides … return. Further results on the form of contracts are also derived. -- managers ; risky decisions ; limited liability …
Persistent link: https://www.econbiz.de/10003937594
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when … actions. The resulting decisions may be less, rather than more, risky. Making a decision after acquiring information provides …
Persistent link: https://www.econbiz.de/10013316254
Risk attitude and perception is reflected in brain reactions during RPID experiments. Given the fMRI data, an important research question is how to detect risk related regions and to investigate the relation between risk preferences and brain activity. Conventional methods are often insensitive...
Persistent link: https://www.econbiz.de/10010529349
Decision making can be a complex process requiring the integration of several attributes of choice options … functional magnetic resonance imaging (fMRI) data from an investment decision (ID) study for ID-related effects. We propose a new … technique for identifying activated brain regions: Cluster, Estimation, Activation and Decision (CEAD) method. Our analysis is …
Persistent link: https://www.econbiz.de/10010379977
The discount rate is of great importance for all decisions in an intertemporal context, such as the decision of how …
Persistent link: https://www.econbiz.de/10010505166
This paper complements evidence on the Allais paradox from advanced countries and educated people by a novel investigation in a poor rural area. The share of Allais-type behavior is indeed high and related to characteristics of “lacking ability”, such as poor education, unemployment, and...
Persistent link: https://www.econbiz.de/10011452571
Influential economic approaches as random utility models assume a monotonic relation between choice frequencies and "strength of preference," in line with widespread evidence from the cognitive sciences, which also document an inverse relation to response times. However, for economic decisions...
Persistent link: https://www.econbiz.de/10013040909
Persistent link: https://www.econbiz.de/10012815927