prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper … in the mainstream of experimental economics. Indeed, the DT in modern microeconomics indicates that the direct utility … experiment using a series of relevant statistical tests. This study uses the multiple price list (MPL) method, which has been one …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …. -- Reference points ; expectations ; loss aversion ; risk aversion ; disappointment ; experiment …

points. The implications of this model are tested in an experiment in which participants have to make a consumption choice …

-incentivized tasks that predict ambiguity attitudes elicited experimentally which may serve as a viable alternative when running …

suggesting that under Rank Dependent Utility and an expo-power function, students exhibit similar risk attitudes to subjects … particular they adopt the framework of Expected Utility theory and a Constant Relative Risk Aversion function, their estimation … aversion ; CRRA ; expo-power ; rank dependent utility ; multiple price list …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …. -- Reference Points ; Expectations ; Loss Aversion ; Risk Aversion ; Disappointment ; Experiment …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …

dependent utility, students exhibit approximately risk neutral preferences while subjects drawn from the general population … adopt the framework of expected utility theory, our estimation results lead to erroneous inferences. In this case, students … implications for economic policy making under uncertainty. -- risk aversion ; CRRA ; expo-power ; rank dependent utility ; multiple …