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Risk attitude in case of losses or gains : an experimental study

Rólczyński, Tomasz; Forlicz, Maria; Kuźmiński, Łukasz - In: The European journal of finance 23 (2017) 4/6, pp. 474-486

Persistent link: https://www.econbiz.de/10011736285

An assessment of prospect theory in tourism decision-making research

Lin, Gabrielle; Lin, Michael S.; Song, Haiyan - In: Journal of travel research : a quarterly publication of … 63 (2024) 2, pp. 275-297

Persistent link: https://www.econbiz.de/10014582211

Extreme outcomes accentuate overweighting of low probabilities and underweighting of high probabilities in experience-based choice

Elston, Thomas W.; Leuthold, Hartmut; Mackenzie, Ian G.; … - In: Journal of behavioral decision making 37 (2024) 2, pp. 1-13

Persistent link: https://www.econbiz.de/10014536448

A note on European farmers' preferences under cumulative prospect theory

Finger, Robert; Garcia, Viviana; McCallum, Chloe S.; … - In: Journal of agricultural economics : JAE 75 (2024) 1, pp. 465-472

Persistent link: https://www.econbiz.de/10014536710

Comparing experiments for modelling farm risk management decisions with a focus on extreme weather losses

Duden, Christoph; Offermann, Frank; Mußhoff, Oliver - 2023

studied using prospect theory as a framework, but empirically deriving corresponding parameters in the field involving farmers … is challenging. To address this issue, we compare three methods of eliciting prospect theory parameters using a multiple …. The results show that these experiments generate different prospect theory parameters. The lower the probability the …

Persistent link: https://www.econbiz.de/10014247000

Cognitive imprecision and stake-dependent risk attitudes

Khaw, Mel Win; Li, Ziang; Woodford, Michael - 2022

In an experiment that elicits subjects' willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold pattern of risk attitudes described by Kahneman and Tversky. In addition, we document a systematic effect of stake sizes on the magnitude and sign of the relative risk premium,...

Persistent link: https://www.econbiz.de/10013364933

The risk assessment of construction project investment based on prospect theory with linguistic preference orderings

Gou, Xunjie; Xu, Zeshui; Zhou, Wei; Herrera-Viedma, Enrique - In: Economic research 34 (2021) 1,1, pp. 709-731

Persistent link: https://www.econbiz.de/10013347453

The two blades of the scissors : performance feedback and intrinsic attributes in organizational risk taking

Sobrepere i Profitós, Xavier; Keil, Thomas; Kuusela, Pasi - In: Administrative science quarterly : ASQ 67 (2022) 4, pp. 1012-1048

Persistent link: https://www.econbiz.de/10013474485

Entrepreneurial decision-making under risk

Ma, Dalong; Fiet, James O.; Dubofsky, David A. - In: Entrepreneurship research journal : ERJ 13 (2023) 2, pp. 221-249

Persistent link: https://www.econbiz.de/10014293800

Risky sure things

Rottenstreich, Yuval; Markle, Alex; Müller-Trede, Johannes - In: Management science : journal of the Institute for … 69 (2023) 8, pp. 4707-4720

Persistent link: https://www.econbiz.de/10014339343