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We analyze one of the explanations why people participate in lotteries. Our hypothesis stipulates that part of the … value that a unit of money buys in lotteries is consumed before the actual resolution in the form of emotions such as hope … emotions. This conjecture is tested in an experiment with real lottery tickets. We show that our theoretical considerations may …
Persistent link: https://www.econbiz.de/10011379382
Persistent link: https://www.econbiz.de/10010379460
We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in …
Persistent link: https://www.econbiz.de/10014165837
We elicit time preferences of a representative sample of 1,102 Dutch individuals and also confront them with a series of incentivized investment decisions. There are two treatments which differ by the frequency at which individuals decide about the invested amount. The low frequency treatment...
Persistent link: https://www.econbiz.de/10013119938
We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in …
Persistent link: https://www.econbiz.de/10013099719
We confront a representative sample of one 1,102 Dutch individuals with a series of incentivized investment decisions and also elicit their time preferences. There are two treatments that differ in the frequency at which individuals decide about the invested amount. The low frequency treatment...
Persistent link: https://www.econbiz.de/10013089008
We study the heritability of risk, uncertainty, and time preferences using a field experiment with a large sample of … economic preference parameters directly without employing proxy measures. Our incentive-compatible experiment is the first twin …
Persistent link: https://www.econbiz.de/10014437546
. -- framing ; choice under risk ; time preference ; experiment …
Persistent link: https://www.econbiz.de/10009681527
Mindfulness could influence economic and health related behaviour by bringing about increased and unbiased attention to the present moment, for example to a decision making process. This study explores the relationship between mindfulness and economic preferences, and consequently well-being, of...
Persistent link: https://www.econbiz.de/10011998794
between environment and preferences. To verify the model's prediction, we use a combined artefactual field experiment and …
Persistent link: https://www.econbiz.de/10013079227