Showing 1 - 10 of 4,242
Persistent link: https://www.econbiz.de/10001745284
Persistent link: https://www.econbiz.de/10003716673
Persistent link: https://www.econbiz.de/10003729373
incentives. We estimate the parameterized models in the framework of cumulative prospect theory and examine the risk aversion … elderly group’s behavior departs more from the traditional expected utility theory than does the young group’s behavior …. -- age ; cumulative prospect theory ; risk aversion ; probability weights ; reference point …
Persistent link: https://www.econbiz.de/10003757815
Persistent link: https://www.econbiz.de/10003758910
Persistent link: https://www.econbiz.de/10003764216
Persistent link: https://www.econbiz.de/10002684342
Male and female choices differ in many economic situations, e.g., on the labor market. This paper considers whether such differences are driven by different attitudes towards competition. In our experiment subjects choose between a tournament and a piece-rate pay scheme before performing a real...
Persistent link: https://www.econbiz.de/10003280790
Persistent link: https://www.econbiz.de/10003312940
Persistent link: https://www.econbiz.de/10003792451