Showing 1 - 10 of 720
affects probability weighting. More in general, this finding supports theories that represent ambiguity attitudes through …
Persistent link: https://www.econbiz.de/10009792472
We study the heritability of risk, uncertainty, and time preferences using a field experiment with a large sample of adult twins. We also offer a meta-analysis of existing findings. Our field study introduces a novel empirical approach that marries behavioral genetics with structural...
Persistent link: https://www.econbiz.de/10014437546
information differences (sampling bias), to a feature of preferences (ambiguity sensitivity) or to aspects of cognition …
Persistent link: https://www.econbiz.de/10012416921
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
Persistent link: https://www.econbiz.de/10008821664
to information differences (sampling bias), to a feature of preferences (ambiguity sensitivity) or to aspects of …
Persistent link: https://www.econbiz.de/10012242996
aversion, along with a coefficient for ambiguity aversion. These are estimated controlling for survey data of sociodemographic … related to loss aversion or ambiguity aversion. …
Persistent link: https://www.econbiz.de/10011631008
Persistent link: https://www.econbiz.de/10015070877
We propose the Virtual Bingo Blower (VBB) as a way to generate credible risk and ambiguity in computerized experiments …, we measure ambiguity attitudes and vary the source of ambiguity, using either the VBB or natural events. We find that the … VBB and natural events result in a similar degree of ambiguity aversion. Further, we find that, by manipulating the number …
Persistent link: https://www.econbiz.de/10015075038
We relate time-varying aggregate ambiguity (V-VSTOXX) to individual investor trading. We use the trading records of … an increase in ambiguity is associated with increased investor activity. It also leads to a reduction in risk …-taking which does not reverse over the following days. When ambiguity is high, the effect of sentiment looms larger. Survey …
Persistent link: https://www.econbiz.de/10012387918
Persistent link: https://www.econbiz.de/10011941353