Eichberger, Jürgen; Güth, Werner; Müller, Wieland - Sonderforschungsbereich 373, Quantifikation und … - 1999
This paper investigates the behaviour in repeated decision situations. The experimental study shows that subjects show low or no risk-aversion, but put very high value on the opportunity to sell the lottery in every stage of the decision problem. There is evidence that risk attitudes depend on...
