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Evidence from an interactive experiment indicates that the tendency of users to anchor on one-sided disclosures of risk … (i.e., disclosing upside potential or downside risk, but not both) is robust to whether disclosures are determined …-sided risk disclosures are robust to a strategic environment, strategic agents can capitalize on these biases, extending the menu …
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outcomes experienced during the game. Risk aversion decreases after earlier expectations have been shattered by unfavorable …
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The risky investment game of Gneezy and Potters (1997) has been a popular tool used to estimate risk tolerance and … attractive as a simple tool to elicit risk tolerance among respondents with limited education, produce significant endowment …
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