Showing 1 - 10 of 1,155
This paper investigates ambiguity attitudes for natural events (temperatures) and how they are updated following new information. Using a general population sample, we first obtain baseline ambiguity attitudes for future weather events based on real temperatures over several past days. Second,...
Persistent link: https://www.econbiz.de/10014431440
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment …
Persistent link: https://www.econbiz.de/10012270596
under risk ; large losses ; natural experiment …
Persistent link: https://www.econbiz.de/10009571117
This paper presents the results of an experiment that completely measures the utility function and probability …
Persistent link: https://www.econbiz.de/10003824984
Most large-scale economic experiments use a between-subjects random incentive system-BRIS-which selects a subset of the participants at random and offers real payment only to the selected participants. We evaluate the relative impact of nominal payoffs and the selection probability on the...
Persistent link: https://www.econbiz.de/10011500169
very low costs of cancelling an initiated purchase process. In a field experiment with more than 34,000 consumers, we find …
Persistent link: https://www.econbiz.de/10011962343
We examine the risky choices of pairs of contestants in a popular radio game show in France. At one point during the COVID-19 pandemic the show, held in person, had to switch to an all-remote format. We find that such an exogenous change in social context affected risk-taking behavior. Remotely,...
Persistent link: https://www.econbiz.de/10013440406
We embed an experiment in a large-scale representative survey to investigate how relative wealth affects risk …
Persistent link: https://www.econbiz.de/10015409570
We test for skewness preferences in a large set of observational panel data on online poker games (n=4,450,585). Each …
Persistent link: https://www.econbiz.de/10014486803
eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of …
Persistent link: https://www.econbiz.de/10009375050