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Ambiguity and Gender Differences in Financial Decision Making: An Experimental Examination of Competence and Confidence Effects.

Gysler, Matthias; Kruse, Jamie; Schubert, Renate - CER-ETH Center of Economic Research, Department of … - 2002

virtual funds, and pure risk lotteries. These represent three different levels of uncertainty: two-sided ambiguity, one …-sided ambiguity and pure risk. Our results show a significant relationship between individual overconfidence and competence measures …

Persistent link: https://www.econbiz.de/10005800879

To Train or Not To Train: Optimal Treatment Assignment Rules Using Welfare-to-Work Experiments

Pepper, John V. - University of Virginia, Department of Economics - 2002

individuals, the planner faces a decision problem under ambiguity (Manski, 1998). In this setting, I find a straightforward …

Persistent link: https://www.econbiz.de/10005801989

The economic value of food labels: A lab experiment on safer infant milk formula

Goldberg, Isabell; Roosen, Jutta; Nayga Jr., Rodolfo M. - European Association of Agricultural Economists - EAAE - 2006

powdered infant milk formula. The influence of ambiguity with the incidence rate information and provision of safe … depending on the treatment. While no ambiguity effects are generally found, provision of safe-handling information has a …

Persistent link: https://www.econbiz.de/10005805039

Eliciting decision weights by adapting de Finetti’s betting-odds method to prospect theory

Diecidue, Enrico; Wakker, Peter; Zeelenberg, Marcel - In: Journal of Risk and Uncertainty 34 (2007) 3, pp. 179-199

Persistent link: https://www.econbiz.de/10005809654

A theoretically-consistent empirical model of non-expected utility: An application to nuclear-waste transport

Riddel, Mary; Shaw, W. - In: Journal of Risk and Uncertainty 32 (2006) 2, pp. 131-150

Few theoretically-consistent empirical models addressing the relationship between ambiguity, risk, and preferences for … the other over ambiguity about the risk. Using data from a survey of Nevada residents concerning risks from nuclear … from nuclear-waste transport perceived risks and ambiguity may be substantial. Copyright Springer Science + Business Media …

Persistent link: https://www.econbiz.de/10005809700

Choices at various levels of uncertainty: An experimental test of the restated diversification theorem

Ahmed, Ali; Skogh, Göran - In: Journal of Risk and Uncertainty 33 (2006) 3, pp. 183-196

Our “Restated diversification theorem” (Skogh and Wu, 2005) says that risk-averse agents may pool risks efficiently without assignment of subjective probabilities to outcomes, also at genuine uncertainty. It suffices that the agents presume that they face equal risks. Here, the theorem is...

Persistent link: https://www.econbiz.de/10005809701

Commonalities in Time and Ambiguity Aversion for Long-Term Risks<Superscript>*</Superscript>

Chesson, Harrell; Viscusi, W. - In: Theory and Decision 54 (2003) 1, pp. 57-71

Persistent link: https://www.econbiz.de/10005809721

Uncertainty Aversion Vs. Competence: An Experimental Market Study

Mauro, Carmela - In: Theory and Decision 64 (2008) 2, pp. 301-331

Persistent link: https://www.econbiz.de/10005809750

Intermittent Reinforcement and the Persistence of Behavior: Experimental Evidence

Hogarth, Robin M.; Villeval, Marie-Claire - Groupe d'Analyse et de Théorie Économique Lyon … - 2010

Whereas economists have made extensive studies of the impact of levels of incentives on behavior, they have paid little attention to the effects of regularity and frequency of incentives. We contrasted three ways of rewarding participants in a real-effort experiment in which individuals had to...

Persistent link: https://www.econbiz.de/10008506223

Are Spanish auditors effective in transmitting manipulation practices? An analysis of the ambiguity implicit in modified reports

Arnedo, Laura; Lizarraga, Fermin; Sanchez, Santiago - In: International Journal of Accounting, Auditing and … 5 (2009) 3, pp. 229-251

This study proposes auditors' effectiveness in the transmission (AET) of GAAP misstatements as a new measure of audit quality that is obtained from the audit report. We carry out a content analysis of the audit reports of a sample of 533 pre-bankrupt Spanish firms and find that the poorly...

Persistent link: https://www.econbiz.de/10008538711