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expected utility based tasks. Prospect theory, on the other hand, suggests that risk preferences differ between gains, losses …
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implications for how economists think about the determinants of utility, and the extent to which exogenous shocks might affect …
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Problem gamblers discount delayed rewards more rapidly than do non-gambling controls. Understanding this impulsivity is important for developing treatment options. In this article, we seek to make two contributions: First, we ask which of the currently debated economic models of inter-temporal...
Persistent link: https://www.econbiz.de/10012836837
A major finding from research into the sources of subjective well-being is that individuals exhibit a "baseline" level of happiness. We explore the influence of genetic variation by employing a twin design and genetic association study. We first show that about 33% of the variation in happiness...
Persistent link: https://www.econbiz.de/10009650460
expected utility based tasks. Prospect theory, on the other hand, suggests that risk preferences differ between gains, losses …
Persistent link: https://www.econbiz.de/10012848828
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