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-taking appear to reinforce the non-monotonicity in subtly different ways. The experiment uncovers an interesting behavioural nuance …
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between the results of the experiment and certain aspects of the current financial crisis. Among them borrowing in non …
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A solidarity game was conducted where participants were able to choose between two lotteries with same expected values. However, in one lottery, the risky one, participants faced a higher probability to receive no endowment. The winners were then able to discriminate between subjects risk...
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