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We examine generational differences in risk-taking behavior by means of a laboratory experiment with monetary …, probability weightings and reference point adoption of elderly and young groups. The results of our experiment indicate that the …
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such differences are driven by different attitudes towards competition. In our experiment subjects choose between a … ability ; experiment …
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We study risk-aversion and prudence in medical treatment decisions. In a laboratory experiment, we investigate the … Aversion ; Prudence ; Laboratory Experiment …
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