In this paper we experimentally test skewness preferences at the individual level. Several prospects that can be …. We find that the skewness of a distribution has a significant impact on the decisions. Yet, while skewness has an impact …, its direction differs substantially across subjects: 39% of our subjects act in accordance with skewness seeking and 10 …

In this paper we experimentally test skewness seeking at the individual level. Several prospects that can be ordered … ï¬nd that the skewness of a distribution has a signiï¬cant impact on the decisions. Yet, while skewness has an impact …, its direction differs substantially across subjects: 39% of our subjects act in accordance with skewness seeking and 10 …

We develop a new protocol, adapted from the Eckel and Grossman (2002, 2008) risk measure, to elicit skewness … preferences. The new lottery choices have the same expected payoffs and risk (variance) as the original choices, but with … increasing degrees of positive skewness. We find that our subjects are skewness-seekers. More importantly, positive skewness in …

Several factors affect attitudes toward ambiguity. What happens, however, when people are asked to exchange an …

support for the hypothesis that attitude to risk and attitude to ambiguity are two independent phenomena. In fact in this … of the loss) and ambiguity averse (i.e., the mean WTP for insurance is on average higher for an ambiguous risk than for a … compensation schemes and ambiguity on insurance and self-insurance decisions. Consistent with theory, we find that government …

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …

, defined as the composition of the investor's attitudes for risk and her attitudes for ambiguity. Bulls and bears are defined …

differently than individuals as they rely significantly less on useless outside advice from “experts” and choose the risk … the risk-free investment more often and are slightly more prone to the hot hand belief than groups of two male subjects. …