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Risk and rationality: uncovering heterogeneity in probability distortion
Bruhin, Adrian (contributor); Fehr-Duda, Helga (contributor) - 2007 - Rev. version
It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...
Persistent link: https://www.econbiz.de/10003459633
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Risk and Rationality : Uncovering Heterogeneity in Probability Distortion
Bruhin, Adrian; Fehr-Duda, Helga; Epper, Thomas - 2009
It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...
Persistent link: https://www.econbiz.de/10014207351
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Three essays on household saving and wealth
Yoo, Kyeongwon - 2003
Persistent link: https://www.econbiz.de/10003379220
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Consumption insurance pattern differences between China and the US : the role of self- and external insurance
Liu, Yulin; Si, Xu - In: Finance research letters 58 (2023) 2, pp. 1-5
Persistent link: https://www.econbiz.de/10014584543
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Conspicuous consumption in the United States and China
Jinkins, David - 2014
I develop a model of conspicuous consumption to empirically measure the importance of peer beliefs to Americans and Chinese. In the model, a consumer cares not only about the direct utility she receives from consumption, but also about the way her consumption pattern affects her peer group's...
Persistent link: https://www.econbiz.de/10010381891
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Conspicuous Consumption in the United States and China
Jinkins, David Carson - 2014
I develop a model of conspicuous consumption to empirically measure the importance of peer beliefs to Americans and Chinese. In the model, a consumer cares not only about the direct utility she receives from consumption, but also about the way her consumption pattern affects her peer group's...
Persistent link: https://www.econbiz.de/10013050618
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Chinese Consumer Demand for Animal Products and Implications for U.S. Pork and Poultry Exports
Wang, Qingbin; Fuller, Frank H.; Hayes, Dermot J.; … - 1998
This paper examines Chinese consumer preference for major animal products and assesses the potential impacts of a reduction in China's import tariff on its pork and poultry demand and net import. Our analysis suggests that China's demand for animal products will continue to grow as income...
Persistent link: https://www.econbiz.de/10014053678
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The elderly's response to a patient cost-sharing policy in health insurance : evidence from China
Feng, Jin; Song, Hong; Wang, Zhen - In: Journal of economic behavior & organization : JEBO 169 (2020), pp. 189-207
Persistent link: https://www.econbiz.de/10012271580
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Conspicuous consumption in the United States and China
Jinkins, David - In: Journal of economic behavior & organization : JEBO 127 (2016), pp. 115-132
Persistent link: https://www.econbiz.de/10011701172
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Risk preference, interlinked credit and insurance contract and agricultural innovative technology adoption
Wu, Haixia; Li, Jianping - In: Journal of innovation & knowledge : JIK 8 (2023) 1, pp. 1-12
This paper explores the impact of risk preference as well as interlinked credit and insurance contract on peasants' new … ambiguous probabilistic risk preference. (2) Interlinked credit and insurance contract has a significant positive impact on … peasants' adoption of innovative seeds, and interlinked credit and insurance contract plays a moderating role in promoting …
Persistent link: https://www.econbiz.de/10014372025