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Measuring Individual Risk Attitudes in the Lab: Task or Ask? An Empirical Comparison
Lönnqvist, Jan-Erik; Verkasalo, Markku; Walkowitz, Gari; … - CESifo - 2014
This paper compares two prominent empirical measures of individual risk attitudes - the Holt and Laury (2002) lottery-choice task and the multi-item questionnaire advocated by Dohmen, Falk, Huffman, Schupp, Sunde and Wagner (2011) - with respect to (a) their within-subject stability over time...
Persistent link: https://www.econbiz.de/10010747220
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Modelling equilibrium play as governed by analogy and limited foresight
Wichardt, Philipp C. - In: Games and economic behavior 70 (2010) 2, pp. 472-488
Persistent link: https://www.econbiz.de/10008715479
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Overconfidence can improve an agent's relative and absolute performance in contests
Ludwig, Sandra; Wichardt, Philipp C.; Wickhorst, Hanke - In: Economics letters 110 (2011) 3, pp. 193-197
Persistent link: https://www.econbiz.de/10008843247
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Existence of Nash equilibria in finite extensive form games with imperfect recall: A counterexample
Wichardt, Philipp C. - In: Games and economic behavior 63 (2008) 1, pp. 366-369
Persistent link: https://www.econbiz.de/10008221168
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Participation costs for responders can reduce rejection rates in ultimatum bargaining
Wichardt, Philipp C.; Schunk, Daniel; Schmitz, Patrick W. - In: Economics letters 103 (2009) 1, pp. 33-35
Persistent link: https://www.econbiz.de/10008231982
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On the belief (in-)dependence of sequential equilibria
Carlsson, Hans; Wichardt, Philipp C. - In: Economics letters 115 (2012) 3, pp. 504-508
Persistent link: https://www.econbiz.de/10009967267
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Existence of valuation equilibria when equilibrium strategies cannot differentiate between equal ties
Wichardt, Philipp C. - In: Games and economic behavior 74 (2012) 2, pp. 709-714
Persistent link: https://www.econbiz.de/10009830648
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How burning money requires a lot of rationality to be effective
Seel, Christian; Wichardt, Philipp C. - In: Economics letters 115 (2012) 1, pp. 111-114
Persistent link: https://www.econbiz.de/10009838645
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Participation costs for responders can reduce rejection rates in ultimatum bargaining
Wichardt, Philipp C.; Schunk, Daniel; Schmitz, Patrick W. - In: Economics letters 103 (2009) 1, pp. 33-36
Persistent link: https://www.econbiz.de/10008892204