’ preferences over risk. I compare different experimental designs and examine their different results, focusing on how groups reach …

the issue of the provision of club goods, and no studies have specifically explored a field case. In this experiment, a … membership fee is introduced to improve the successful provision of a threshold collective good. The experiment began in the … laboratory with students, and moved progressively through controlled stages to the field with farmers belonging to an association …

preferences in examination behavior. Students have the possibility of attaining a seminar bonus on the final exam for near …

decision maker’s preferences. In order to obtain such utility values it is necessary to establish an analogy between …

Risk premia in the consumption capital asset pricing model depend on preferences and dividends. We develop a … decomposition which allows for the separate treatment of both components. We show that preferences alone determine the risk …-return trade-off measured by the Sharpe-ratio. In general, the risk-return trade-off implied by preferences depends on the …

Utility functions for 13 Minnesota farmers are estimated from their responses to hypothetical decision problems under …