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there are some differences across gender and across participants ́experience in lab experiments. …
Persistent link: https://www.econbiz.de/10010252392
With the rise of experimental research in the social sciences, numerous methods to elicit and classify people's risk attitudes in the laboratory have evolved. However, evidence suggests that people's attitudes towards risk may change considerably when measured with different methods. Based on a...
Persistent link: https://www.econbiz.de/10012098392
gender, and the complexity of the tasks. We do so using both non-parametric tests and a structural model estimated with … maximum likelihood. We find that the estimated risk aversion parameters vary greatly across tasks and that gender differences … appear only when the task is more likely to trigger loss aversion. -- elicitation methods ; experiment ; risk attitudes …
Persistent link: https://www.econbiz.de/10009706179
gender, and the complexity of the tasks. We do so using both non-parametric tests and a structural model estimated with … maximum likelihood. We find that the estimated risk aversion parameters vary greatly across tasks and that gender differences … appear only when the task is more likely to trigger loss aversion. -- Risk attitudes ; Elicitation methods ; Experiment …
Persistent link: https://www.econbiz.de/10009738261
the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a representative …
Persistent link: https://www.econbiz.de/10010260868
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10010277023
a prisoner's dilemma game affects behavior and leads to discrimination. Running a framed field experiment with 828 six …
Persistent link: https://www.econbiz.de/10010529903
We use a controlled experiment to analyze gender differences in risk preferences and stereotypes about risk preferences … matrilineal Teop in Papua New Guinea. We find no gender differences in actual risk preferences, but evidence for culture …
Persistent link: https://www.econbiz.de/10010402215
The purpose of this paper is to demonstrate that Cumulative Prospect Theory is a serious alternative for Expected Utility Theory. It does not contradict Expected Utility, but includes it as a special example. A very useful example, because simple and yet very flexible, Expected Utility proved...
Persistent link: https://www.econbiz.de/10013096525
This paper presents the results of an experiment that completely measures the utility function and probability … individuals are found to be more risk averse, in agreement with common findings. Unlike previous studies that ascribed gender …
Persistent link: https://www.econbiz.de/10005822425