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Measuring risk aversion with lists : a new bias

Bosch Domènech, Antoni; Silvestre, Joaquim - In: Theory and decision : an international journal for … 75 (2013) 4, pp. 465-496

Persistent link: https://www.econbiz.de/10010345045

Chapter 2. Errors in probabilistic reasoning and judgment biases

Benjamin, Daniel J. - 2019

modern behavioral economics. This chapter reviews theory and evidence on this topic, with the goal of facilitating more … processes, biases in belief updating, the representativeness heuristic as a possible unifying theory, and interactions between … for (and against) each putative bias, and I highlight when and how different biases may be related to each other. The …

Persistent link: https://www.econbiz.de/10014023386

Eliciting subjective probability distributions with binary lotteries

Harrison, Glenn W.; Martínez-Correa, Jimmy; Swarthout, … - In: Economics letters 127 (2015), pp. 68-71

Persistent link: https://www.econbiz.de/10011382875

Can We Measure Individual Risk Attitudes in a Survey?

Ding, Xiaohao - 2010

We combine a survey and an experiment with real pay-out among Peking University students to measure and validate individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions ask for the reservation price of a hypothetical lottery...

Persistent link: https://www.econbiz.de/10013146835