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Expectations as Endowments : Evidence on Reference-Dependent Preferences from Exchange and Valuation Experiments
Ericson, Keith M. Marzilli; Fuster, Andreas - 2010
point. Yet little is known about what determines reference points. We conduct two experiments that show that reference … points are determined by expectations. In the first experiment, we endow subjects with an item and randomize the probability … determined by the status quo or when preferences are reference-independent. In the second experiment, we randomly assign subjects …
Persistent link: https://www.econbiz.de/10014201048
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Stochastic dominance and nonparametric comparative revealed risk aversion
Heufer, Jan - 2011
is also illustrated. -- Comparative risk aversion ; experimental economics ; induced budget experiments ; interpersonal …
Persistent link: https://www.econbiz.de/10009580236
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Measuring tastes for equity and aggregate wealth behind the veil of ignorance
Heufer, Jan; Shachat, Jason M.; Xu, Yan - 2018
whether the wealth distribution choice exhibits equity or efficiency preferring tastes. We report experiments using a within …
Persistent link: https://www.econbiz.de/10011928322
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Does luck make people more optimistic and patient? : lessons from an experiment with students and rural subjects in Malawi
Holden, Stein Terje; Tione, Sarah; Tilahun, Mesfin; … - 2024
We investigate how random luck in repeated variants of the risky investment game of Gneezy, Leonard, and List (2009); Gneezy and Potters (1997) influences risk-taking and discounting behavior in future risky prospects with probabilistic payouts one week, six, 12, and 24 months into the future....
Persistent link: https://www.econbiz.de/10014581500
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Lab in the field : measuring preferences in the wild
Genîzî, Ûrî; Imas, Alex - 2016
experiments in using standardized, validated paradigms from the lab in targeting relevant populations in naturalistic settings. We …
Persistent link: https://www.econbiz.de/10011489364
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Does exposure to unawareness affect risk preferences? : a preliminary result
Ma, Wenjun; Schipper, Burkhard - 2016
changes of awareness. We study how exposure to unawareness affects choices under risk. Participants in our experiment choose …
Persistent link: https://www.econbiz.de/10011478981
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Risk taking in diverse groups : gender matters
Nieboer, Jeroen - 2013
Using an experiment with incentivized decisions of groups in the economics laboratory, I investigate the effect of …
Persistent link: https://www.econbiz.de/10010187863
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Does exposure to unawareness affect risk preferences? : a preliminary result
Ma, Wenjun; Schipper, Burkhard - 2017
changes of awareness. We study how exposure to unawareness affects choices under risk. Participants in our experiment choose …
Persistent link: https://www.econbiz.de/10011764847
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Asset integration, risk taking and loss aversion in the laboratory
Morrison, William G.; Oxoby, Robert J. - 2019
We report on a laboratory experiment testing for the presence of loss aversion, as separate from risk aversion …
Persistent link: https://www.econbiz.de/10011997618
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Incentive contracts when agents distort probabilities
Gonzalez Jimenez, Victor H. - In: Quantitative economics : QE ; journal of the … 15 (2024) 3, pp. 607-653
optimal. A theoretical framework and an experiment demonstrate that stochastic contracts implemented with small probabilities …
Persistent link: https://www.econbiz.de/10015053193