Showing 51 - 60 of 117,853
-based questionnaire before the experiment and participants' preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …
Persistent link: https://www.econbiz.de/10010270644
Several models of choice under uncertainty imply systematic violations of transitivity of preference. Our experiments explored whether people show patterns of intransitivity predicted by these models. To distinguish "true" violations from those produced by "error", a model was fit in which each...
Persistent link: https://www.econbiz.de/10010273147
Experimental research on decision making under risk has until now always employed choice data in order to evaluate the …
Persistent link: https://www.econbiz.de/10010296261
This paper provides a comparative experimental study of risky prospects (lotteries) and income distributions. The experimental design consisted of multi-outcome lotteries and n-dimensional income distributions arranged in the shapes of ten distributions which were judged in terms of ratings and...
Persistent link: https://www.econbiz.de/10010296309
situation where participants face a risky decision that affects only their own earnings. In the social (individual) treatment …
Persistent link: https://www.econbiz.de/10010326434
Experimental research on decision making under risk has until now always employed choice data in order to evaluate the …
Persistent link: https://www.econbiz.de/10010278003
-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly … measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the …
Persistent link: https://www.econbiz.de/10010325960
potentially confounding decision biases. …
Persistent link: https://www.econbiz.de/10010427591
variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision, but before the resolution of the decision risk; (iii) after the resolution of the decision risk …. Dependent on the timing of the global risk different combinations of anticipated and experienced emotions influence decision …
Persistent link: https://www.econbiz.de/10011349715
We refine the understanding of individual preferences across social lotteries, whereby the payoffs of a pair of subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that there is a wide variety of individual preferences and...
Persistent link: https://www.econbiz.de/10011476573