Showing 1 - 10 of 304
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
Persistent link: https://www.econbiz.de/10008805625
This paper's objective is to design a laboratory experiment to explore the effect of ambiguity on a subject's search … faced with ambiguity over wage distributions. …
Persistent link: https://www.econbiz.de/10010739422
This paper reconsiders the wide agreement that females are more risk averse than males providing a leap forward in its …
Persistent link: https://www.econbiz.de/10010775114
accepting a bribe that leads to a higher present period income while facing the risk of being audited and being left with a … considerable lower income in all subsequent periods. Because risk attitudes might differ when putting earned versus endowed income … at risk, we compare treatments where participants either receive an endowment beforehand, or earn their income by …
Persistent link: https://www.econbiz.de/10010658704
There is a large literature estimating Arrow-Pratt coefficients of absolute and relative risk aversion. A striking … equating these to risk aversion measures defined in a mean-variance framework. This paper shows that while the legitimacy of … the mean-variance approach may hold under general conditions the additional assumptions invoked when estimating the risk …
Persistent link: https://www.econbiz.de/10010705565
stereotype of risk averse and less competitive older employees. …
Persistent link: https://www.econbiz.de/10010884197
forms of a FTT and whether their risk attitude is related to these reactions. We find no such relationship, meaning that a … FTT affects traders with different risk tolerances similarly. …
Persistent link: https://www.econbiz.de/10011086480
criminal behavior. More precisely, we consider risk and time preferences, personality traits from psychology (Big Five and … disciplines: risk aversion, conscientiousness, and high self-control make criminal behavior less likely. Our results illustrate …
Persistent link: https://www.econbiz.de/10010884182
Evidence of Illusion of Control – the fact that people believe to have control over pure chance events – is a recurrent finding in experimental psychology. Results in economics find instead little to no support. In this paper we test whether this dissonant result across disciplines is due to...
Persistent link: https://www.econbiz.de/10011274366
the subjects, but just indirectly perceived. We use the "Click" version of the Bomb Risk Elicitation Task, in which …
Persistent link: https://www.econbiz.de/10011274368