Malul, Miki; Rosenboim, Mosi; Shavit, Tal - In: Journal of Economic Psychology 39 (2013) C, pp. 101-112
In this paper, we describe three different experiments that explore participants’ risk attitude. When we analyzed the average results, we found that participants behave as the S-shape value function predicts. However, breaking the data down on the individual level reveals that the S-shape is...