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ignored, we find completely differentestimates for ? . We conclude that in the case of lotteries with big prizes a …
Persistent link: https://www.econbiz.de/10011333268
parameter. We conclude that in the case of lotteries with big prizes a simultaneous estimate of risk aversion and time …
Persistent link: https://www.econbiz.de/10011507761
parameter. We conclude that in the case of lotteries with big prizes a simultaneous estimate of risk aversion and time …
Persistent link: https://www.econbiz.de/10013319984
Persistent link: https://www.econbiz.de/10001791857
parameter. We conclude that in the case of lotteries with big prizes a simultaneous estimate of risk aversion and time …
Persistent link: https://www.econbiz.de/10001771963
risk and typically need to assume stability of these characteristics over time and across decision domains. We test the …
Persistent link: https://www.econbiz.de/10009772925
risk and typically need to assume stability of these characteristics over time and across decision domains. We test the …
Persistent link: https://www.econbiz.de/10013072892
risk and typically need to assume stability of these characteristics over time and across decision domains. We test the …
Persistent link: https://www.econbiz.de/10013078528
proof. Our paper provides the first test of the value (positive or negative) of information under uncertainty. We show that …
Persistent link: https://www.econbiz.de/10012204037
Experiments on intertemporal consumption typically show that people have difficulties in optimally solving such problems. Previous studies have focused on contexts in which agents are faced with risky future incomes and have to plan over long horizons. We present an experiment comparing decision...
Persistent link: https://www.econbiz.de/10013033292