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Schipper, Burkhard C. - 2014

We study the correlation of choice under risk in Holt-Laury lotteries for gains and losses with gender, the use of hormonal contraceptives, menstrual cycle information, salivary testosterone, estradiol, progesterone, and cortisol as well as the digit ratio (2D:4D) in more than 200 subjects. In...

Persistent link: https://www.econbiz.de/10013066202

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 …

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

The Impact of Risk Perception and Risk Attitudes on Corrupt Behavior : Evidence from a Petty Corruption Experiment

Mir Djawadi, Behnud - 2013

We investigate one possible explanation for observed rates of corrupt behavior namely that individual decision makers … abstract from confounding effects of reciprocal behavior, we design an experiment where a public official decides upon … early periods. Risk attitudes measured with a subsequent lottery-choice experiment do not correlate with the behavior …

Persistent link: https://www.econbiz.de/10013081828

Errors in judicial decisions

Sonnemans, Joep; Dijk, Frans van - 2008

verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective … acquired. Roughly half of the participants do not base their decision on a subjective belief of the probability of guilt. The …

Persistent link: https://www.econbiz.de/10011377092

Estimating ambiguity aversion in a portfolio choice experiment

Ahn, David S.; Choi, Syngjoo; Gale, Douglas; Kariv, Shachar - In: Quantitative economics : QE ; journal of the … 5 (2014) 2, pp. 195-223

We report a portfolio-choice experiment that enables us to estimate parametric models of ambiguity aversion at the …

Persistent link: https://www.econbiz.de/10011757224

On whom would I want to depend; Humans or nature?

Farjam, Mike - 2015

We study in an experiment whether humans prefer to depend on decisions of other humans (social uncertainty) or states … other humans. This is the first experiment that studies social uncertainty that does not derive from a strategic situation …

Persistent link: https://www.econbiz.de/10011392605

Giving in the face of risk

Cettolin, Elena; Riedl, Arno; Tran, Giang - 2016

The decision how to share resources with others often needs to be taken under uncertainty on its allocational … interact in such situations. In this paper we provide experimental evidence on this question. In a first experiment givers are … the realized state of the world. In a second experiment, risk affects the earnings of givers but not of beneficiaries. We …

Persistent link: https://www.econbiz.de/10011565561

Revealed incomplete preferences under uncertainty

Cettolin, Elena; Riedl, Arno - 2015

The completeness axiom of choice has been questioned for long, and in response, theoretical models of decision making … decision tasks where specific choice patterns are consistent with incomplete preferences under uncertainty but inconsistent …

Persistent link: https://www.econbiz.de/10010519933

Ambiguity and excuse-driven behavior in charitable giving

Garcia, Thomas; Massoni, Sébastien; Villeval, Marie-Claire - 2019

A donation may have ambiguous costs or ambiguous benefits. Behavior in a laboratory experiment suggests that …

Persistent link: https://www.econbiz.de/10012152068

Testing ambiguity theories with a mean-preserving design

Yang, Chun-lei; Yao, Lan - In: Quantitative economics : QE ; journal of the … 8 (2017) 1, pp. 219-238

experiment where the decision maker draws twice with replacement in the typical Ellsberg two-color urns, but with a different … utility all predict unequivocally that risk-averse decision makers (DMs) will avoid the 50 - 50 urn that exhibits the highest …

Persistent link: https://www.econbiz.de/10011801484