Showing 1 - 10 of 30
Persistent link: https://www.econbiz.de/10014325373
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/10003586547
Persistent link: https://www.econbiz.de/10003611112
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/10003502465
Persistent link: https://www.econbiz.de/10011446075
Persistent link: https://www.econbiz.de/10001015687
Persistent link: https://www.econbiz.de/10001063819
Persistent link: https://www.econbiz.de/10001089675
A series of studies examines whether certain biases in probability assessments and perceptions of loss, previously found in experimental studies, affect consumers' decisions about insurance. Framing manipulations lead the consumers studied here to make hypothetical insurance-purchase choices...
Persistent link: https://www.econbiz.de/10013116969
Fluid intelligence decreases with age, yet evidence about age declines in decision-making quality is mixed: Depending … explanation for this puzzle, namely that age differences in decision performance result from the interplay between two sets of … cognitive capabilities that impact decision making, one in which older adults fare worse (i.e., fluid intelligence) and one in …
Persistent link: https://www.econbiz.de/10013075632