Narrow search
Showing 1 - 10 of 1,057
Cover Image
Is diminishing impatience in time-dated risky prospects explained by probability weighting?
Holden, Stein Terje; Tilahun, Mesfin; Sommervoll, Dag Einar - 2022
We use a field experiment and a within-subject design based on multiple Choice Lists (CLs) that integrate time and risk. Diminishing impatience with extended time horizons is studied by varying time horizons from one week to two years. Time-dated risky prospects are constant within CLs and are...
Persistent link: https://www.econbiz.de/10012814571
Cover Image
Asset integration, risk taking and loss aversion in the laboratory
Morrison, William G.; Oxoby, Robert J. - 2019
We report on a laboratory experiment testing for the presence of loss aversion, as separate from risk aversion, utilizing an asset integration protocol designed to ensure that a loss of cash provided by the experimenter is viewed as a real loss by experimental participants. Our experimental...
Persistent link: https://www.econbiz.de/10011997618
Cover Image
Framing effects and impatience : evidence from a large scale experiment
Heijden, Eline C. van der; Klein, Tobias J.; Müller, … - 2012
We confront a representative sample of one 1,102 Dutch individuals with a series of incentivized investment decisions and also elicit their time preferences. There are two treatments that differ in the frequency at which individuals decide about the invested amount. The low frequency treatment...
Persistent link: https://www.econbiz.de/10009681527
Cover Image
Framing Effects and Impatience : Evidence from a Large Scale Experiment
van der Heijden, Eline - 2013
We confront a representative sample of one 1,102 Dutch individuals with a series of incentivized investment decisions and also elicit their time preferences. There are two treatments that differ in the frequency at which individuals decide about the invested amount. The low frequency treatment...
Persistent link: https://www.econbiz.de/10013089008
Cover Image
Variation in risk seeking behavior in a natural experiment on large losses induced by a natural disaster
Page, Lionel; Savage, David; Torgler, Benno - 2012
This study explores people’s risk attitudes after having suffered large real-world losses following a natural disaster. Using the margins of the 2011 Australian floods (Brisbane) as a natural experimental setting, we find that homeowners who were victims of the floods and face large losses in...
Persistent link: https://www.econbiz.de/10009571117
Cover Image
Mistakes, closure and endowment effect in laboratory experiments
Ratan, Anmol - 2012
In this paper, we relax the hard closure property of experiments that have been used to study endowment effect in … careful interpretation of experiments that suggest endowment effectʺ in laboratory conditions. Other implications pertain to … external validity of experiments with hard closure. prospect-theory ; endowment effect ; reference-dependence ; loss aversion …
Persistent link: https://www.econbiz.de/10009559236
Cover Image
Deal or no deal? : decision-making under risk in a large-payoff game show
Post, Thierry; Baltussen, Guido; Assem, Martijn J. van den - 2006
experiments. Contrary to the traditional view of expected utility theory, the choices can be explained in large part by previous …
Persistent link: https://www.econbiz.de/10011348343
Cover Image
Under risk, over time, regarding other people : language and rationality within three dimensions
Jullien, Dorian - 2018
This paper conducts a systematic comparison of behavioral economics’s challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and...
Persistent link: https://www.econbiz.de/10011809698
Cover Image
Separating attitudes towards money from attitudes towards probabilities : stake effects and ambiguity as a test for prospect theory
Vieider, Ferdinand M.; Cingl, Lubomír; Martinsson, Peter; … - 2013
experiments. In the first experiment, we elicit the value and probability weighting functions both under known and unknown …
Persistent link: https://www.econbiz.de/10009792472
Cover Image
Sex hormones and choice under risk
Schipper, Burkhard - 2014
We study the correlation of choice under risk in Holt-Laury lotteries for gains and losses with gender, the use of hormonal contraceptives, menstrual cycle information, salivary testosterone, estradiol, progesterone, and cortisol as well as the digit ratio (2D:4D) in more than 200 subjects. In...
Persistent link: https://www.econbiz.de/10010255048