Showing 1 - 10 of 13,798
predicted by the prospect theory. But under high stakes, we provide some evidence that risk seeking behavior is dramatically …Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental … paper reports instead between-subject results on the effect of monetary stakes on risk attitudes for small probability …
Persistent link: https://www.econbiz.de/10008471892
predicted by the prospect theory. But under high stakes, we provide some evidence that risk seeking behavior is dramatically …Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental … paper reports instead between-subject results on the effect of monetary stakes on risk attitudes for small probability …
Persistent link: https://www.econbiz.de/10008527318
Most experiments on decision theory ask individual subjects to make more than one decision. The isolation hypothesis is … individuals’ attitudes toward risk. It challenges the conventional view that the random lottery incentive mechanism introduces no … biases in inducing risk preferences …
Persistent link: https://www.econbiz.de/10010886962
The question of how to measure and classify people’s risk preferences is of substantial importance in the field of … Economics. Inspired by the multitude of ways used to elicit risk preferences, we conduct a holistic investigation of the most … risk assessment method can lead to biased results especially if researchers investigate its connection to other phenomena …
Persistent link: https://www.econbiz.de/10010949385
discuss the claims of Andreoni and Sprenger (2012b) that "risk preferences are not time preferences" and assert that this may …
Persistent link: https://www.econbiz.de/10011260062
Using a laboratory experiment we investigate how skew inuences choices under risk. We find that subjects make …
Persistent link: https://www.econbiz.de/10005077854
Persistent link: https://www.econbiz.de/10010535436
place as well as modifications that should be incorporated into descriptive models of decision making. …
Persistent link: https://www.econbiz.de/10010547457
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to … mass index, are less likely to save money and show worse conduct at school. Experimental measures for risk and ambiguity …
Persistent link: https://www.econbiz.de/10009364730
leader’s decision of how much risk to take, we study the effects of two treatment variables: (1) whether group members can … selection mechanisms in group decision-making. In a setting where all members of a group get the same payoff based on the group …’s decision: the communicated preferences have a significant effect on the actual group decision only when the leader is appointed …
Persistent link: https://www.econbiz.de/10010721562