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Pricing risk and ambiguity : the effect of perspective taking

Trautmann, Stefan T.; Schmidt, Ulrich - 2011

There is a large literature showing that willingness-to-accept (WTA) is usually much higher than willingness-to-pay (WTP) in empirical studies although they should be roughly equal according to traditional economic theory. A second stream of literature shows that people are typically ambiguity...

Persistent link: https://www.econbiz.de/10009269976

Gender differences in risk preferences and stereotypes : experimental evidence from a matrilineal and a patrilineal society

Pondorfer, Andreas; Omar Mahmoud, Toman; Rehdanz, Katrin; … - 2014

We use a controlled experiment to analyze gender differences in risk preferences and stereotypes about risk preferences …

Persistent link: https://www.econbiz.de/10010402215

Who is cheating? : the role of attendants, risk aversion, and affluence

Hübler, Olaf; Menkhoff, Lukas; Schmidt, Ulrich - 2018

This research integrates a standard "cheating" experiment into a broad household survey and finds relationships between … individual characteristics and cheating behavior. We allow for attendance of others at the cheating experiment, addressing the …, while affluence makes cheating costly, as it allows behaving honestly. The underlying experiment in rural Thailand …

Persistent link: https://www.econbiz.de/10011847937

Risk Attitudes and Digit Ratio (2D : 4D): Evidence From Prospect Theory

Neyse, Levent - 2020

Prenatal androgens have organizational effects on brain and endocrine system development, which may have a partial impact on economic decisions. Numerous studies investigated the relationship between prenatal testosterone and financial risk taking, yet results remain inconclusive. We suspect...

Persistent link: https://www.econbiz.de/10012848828