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Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we … parameterize seventeen common structural models (e.g., expected utility, cumulative prospect theory). Subjects also make twelve …
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Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we … parameterize seventeen common structural models (e.g., expected utility, cumulative prospect theory). Subjects also make twelve …
Persistent link: https://www.econbiz.de/10012480452
demand is realized. We focus on the role that (a lack of) common knowledge of demand forecasts has on firms' ability to align …
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