Showing 1 - 10 of 463
Purpose The purpose of this paper is to investigate if Bowman’s Paradox (negative association between risk and return … examines the relationship between four risk and return proxies, across a wide ranging time period and utilizing a number of … regression methodology measure. Findings Confirms the existence of the Paradox. Also documents that the association between risk …
Persistent link: https://www.econbiz.de/10014668357
This article presents and experimentally tests a new method for measuring student risk preferences where monetary … outcomes are not directly involved. The authors call this new method the Lazy Professor Risk Task (LPRT). This article compares … perfect this new method and use it to compare classroom risk taking to risk taking in other domains. …
Persistent link: https://www.econbiz.de/10012043200
Behavioral studies show that people are subject to biases in general. Studies in the behavioral finance literature mostly focus on finance professionals and top level managers, and report similar results. This study focuses on professionals outside of the finance industry and who are of lower...
Persistent link: https://www.econbiz.de/10012042530
, a general behavioral reward-risk model is firstly setup and an empirical evaluation about the role of each of these …
Persistent link: https://www.econbiz.de/10012042545
This article introduces Time-Constrained Heuristic Search (TCS) as a route search technique that incorporates a cognitive aspect in self-driving vehicles. TCS is a search method using which we can set the time limit to generate a route in advance. The most important feature of TCS is that the...
Persistent link: https://www.econbiz.de/10012043699
We examine the traditional deterrence game between Challenger and Defender. We treat two variations of the game – the complete information game and the one-sided information game where the first mover, Challenger, is the uncertain player. We employ sequential decision theory to analyze the...
Persistent link: https://www.econbiz.de/10014618012
Abstract Using a real effort experiment, we analyze the dependence of tax evasion on the amount of effort invested to generate income. In three treatments, subjects were either endowed with income or had to work moderately or arduously to earn it. In line with prospect theory, subjects evaded...
Persistent link: https://www.econbiz.de/10014619304
certainty, will shun risk across both gains and losses such that their choices will be inconsistent with the reflection effect …. Design/methodology/approach – We report three studies in which participants choose between risk and certainty. We use the …
Persistent link: https://www.econbiz.de/10014850022
Prospect Theory predictions in decision-making loss domain. The 60 cases noted in this paper are associated with specific risk … are informative about risk-seeking behavior, they are not sufficiently systematic to be subjected to stylized archival …
Persistent link: https://www.econbiz.de/10014839704
Persistent link: https://www.econbiz.de/10014795862