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experiment is conducted to test the main comparative static predictions of the theory, and the results are generally supportive …
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experiment is conducted to test the main comparative static predictions of the theory, and the results are generally supportive …
Persistent link: https://www.econbiz.de/10012455921
Decision-makers show an increased risk appetite when they gamble with previously won money, the house money effect, and when they have a chance to make up for a prior loss, the break even effect. To explore the origins of these effects, we use functional magnetic resonance imaging to record the...
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