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return higher shares as second-movers in a trust game. Furthermore, they invest more in rewards and punishment when they can …
Persistent link: https://www.econbiz.de/10012977332
Loss aversion can occur in riskless and risky choices. Yet, there is no evidence whether people who are loss averse in riskless choices are also loss averse in risky choices. We measure individual-level loss aversion in riskless choices in an endowment effect experiment by eliciting both WTA and...
Persistent link: https://www.econbiz.de/10013316870