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subjects in our experiment were only requested to show their faces to the other members, without further communication …
Persistent link: https://www.econbiz.de/10014420471
measured in the 11–20 game is biased by risk aversion. Based on a lab experiment, we confirm this hypothesis empirically. …
Persistent link: https://www.econbiz.de/10011891065
Researchers are increasingly exploring the role of emotions in interactive decision‐making. Recent theories have focused on the interpersonal effects of emotions-the influence of the decisionmaker’s expressed emotions on observers’ decisions and judgments. In this paper, we examine whether...
Persistent link: https://www.econbiz.de/10011620802
prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper … experiment using a series of relevant statistical tests. This study uses the multiple price list (MPL) method, which has been one …
Persistent link: https://www.econbiz.de/10013368182
Paying it forward" is a behavior in which people help someone else because they were helped in the past. Although experimental evidence exists that indicates that real human beings often "pay-it-forward" even in the face of free-rider risks, the theoretical basis for the evolution of this...
Persistent link: https://www.econbiz.de/10014636252
We present a novel characterization of random rank-dependent expected utility for finite datasets and finite prizes. As a byproduct, we obtain a characterization of random expected utility that works for finite datasets. The test lends itself to statistical testing. We apply our test to an...
Persistent link: https://www.econbiz.de/10013172016
framework on data from an existing experiment on decision-making under risk. …
Persistent link: https://www.econbiz.de/10012168616
Most forms of risky behavior reach their peak during adolescence. A prominent line of research is exploring the relationship between people’s emotional self-efficacy and risk taking, but little is known about this relationship in the cognitive-deliberative domain among adolescents. The main...
Persistent link: https://www.econbiz.de/10011550496
framework on data from an existing experiment on decision-making under risk. …
Persistent link: https://www.econbiz.de/10012227795
We present a novel characterization of random rank-dependent expected utility for finite datasets and finite prizes. As a byproduct, we obtain a characterization of random expected utility that works for finite datasets. The test lends itself to statistical testing. We apply our test to an...
Persistent link: https://www.econbiz.de/10013200170