Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10005371045
Can any prominent theory of decision under risk rationalize both small-stakes risk aversion and large-stakes risk aversion? Do some prominent theories fail to rationalize patterns of same-stakes risk aversion? How do reference payoffs enter in the answer to these questions? What would be the...
Persistent link: https://www.econbiz.de/10010698239