Bruenner, Tobias; Rene Levinsk?; Qiu, Jianying - Institut für Finanzwissenschaft, Fakultät für … - 2009
In this paper we experimentally test skewness preferences at the individual level. Several prospects that can be ordered with respect to the third-degree stochastic dominance (3SD) criterion are ranked by the participants of the experiment. We find that the skewness of a distribution has a...