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consistent with the rationality criterion. In contrast, Chapters 3, 4 and 5 take a behavioral approach to decisions under … assumptions of expected utility theory and the basic rationality requirement of consistency with first-order stochastic dominance … by a systematic bias instead of a private information advantage. Contradicting the rationality postulate and ruled out …
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We use a controlled experiment to analyze gender differences in risk preferences and stereotypes about risk preferences …
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The present paper reports a repeated experiment on decision making under risk where subjects have to tackle the same … experiment. Our analysis complements and extends Hey (2001) who analyzes for each subject the fit of several preference …
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We use a controlled experiment to analyze gender differences in risk preferences and stereotypes about risk preferences …
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expected utility should decrease if errors are excluded. The present paper presents an experiment which investigates this …
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