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) insurance can be optimal even if insurance premia are loaded (fair). These results hold with and without prevention and the …
Persistent link: https://www.econbiz.de/10011072638
's three color experiment and that subjects act more often in line with consequentialism than with dynamic consistency. …
Persistent link: https://www.econbiz.de/10011071929
concepts, we conduct a dynamic extension of Ellsbergʼs 3-color experiment. We find that more subjects act in line with …
Persistent link: https://www.econbiz.de/10011073068