Narrow search
Showing 1 - 10 of 700
Cover Image
Dynamic choice, independence and emotions
Hopfensitz, Astrid (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003496691
Cover Image
Efficiency, equity, and generalized lorenz dominance
Kleiber, Christian; Kraemer, Walter - 2000
We decompose the generalized Lorenz order into a size and a distribution component. The former is represented by stochastic dominance, the latter by the standard Lorenz order. We show that it is always possible, given generalized Lorenz dominance between two distributions F and G, to find...
Persistent link: https://www.econbiz.de/10009781624
Cover Image
Risk aversion and the subjective time discount rate : a joint approach
Praag, Bernard M. S. van; Booij, Adam S. - 2003
In this paper we analyze a large sample of individual responses to six lottery questions. We derive a simultaneous estimate of risk aversion and the time preference discount rate per individual. This can be done because the consumption of a large prize is smoothed over a larger time period. It...
Persistent link: https://www.econbiz.de/10011507761
Cover Image
Eliciting preferences for risk and altruism : experimental evidence
Gauriot, Romain; Heger, Stephanie A.; Slonim, Robert - 2022
literature to the literature on social preferences. Following Andersen et al. (2008), we design a laboratory experiment to …
Persistent link: https://www.econbiz.de/10013390940
Cover Image
Exploring higher-order risk effects
Deck, Cary A.; Schlesinger, Harris - 2008
Higher-order risk effects play an important role in examining economic behavior under uncertainty. A precautionary demand for saving has been linked to the property of prudence and the property of temperance has been used to show how the presence of an unavoidable risk affects one's behavior...
Persistent link: https://www.econbiz.de/10003803499
Cover Image
Investment, resolution of risk, and the role of affect
Winden, Frans A. A. M. van; Krawczyk, Michal; … - 2010
-based questionnaire before the experiment and participants' preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the … not captured by existing models. -- investment decision ; delayed resolution of risk ; emotions ; experiment …
Persistent link: https://www.econbiz.de/10003942107
Cover Image
Variation in risk seeking behavior in a natural experiment on large losses induced by a natural disaster
Page, Lionel; Savage, David; Torgler, Benno - 2012
under risk ; large losses ; natural experiment …
Persistent link: https://www.econbiz.de/10009571117
Cover Image
Peer effects in risk taking
Lahno, Amrei M.; Serra-Garcia, Marta - 2012 - This version: Dec 20, 2012, First version: July 13, 2012
; social preferences ; laboratory experiment …
Persistent link: https://www.econbiz.de/10009691154
Cover Image
An experimental investigation of risk sharing and adverse selection
Tausch, Franziska; Potters, Jan; Riedl, Arno - 2013
Does adverse selection hamper the effectiveness of voluntary risk sharing? How do differences in risk profiles affect adverse selection? We experimentally investigate individuals ́willingness to share risks with others. Across treatments we vary how risk profiles differ between individuals. We...
Persistent link: https://www.econbiz.de/10009730552
Cover Image
Demand for multi-year catastrophe insurance contracts : experimental evidence for mitigating the insurance gap
Dudek, Thomas; Ulm, Eric R.; Noy, Ilan - 2021
to reduce these insurance gaps. We examine insurance decisions in a computer-administered experiment that makes several …
Persistent link: https://www.econbiz.de/10012694052