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Measuring individual risk attitudes in the lab : task or ask? ; an empirical comparison
Lönnqvist, Jan-Erik; Verkasalo, Markku; Walkowitz, Gari; … - 2011 - This version: March 13, 2011
in the lab - here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves … in economic (lab) experiments. Moreover, with respect to trust, the high re-test stability of trust transfers ( ·= .70 …
Persistent link: https://www.econbiz.de/10008939590
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Measuring individual risk attitudes in the lab : task or ask? ; an empirical comparison
Lönnqvist, Jan-Erik; Verkasalo, Markku; Walkowitz, Gari; … - 2014
the lab — here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves are …)experiments. Moreover, with respect to behaviour in the trust game, we find a high re-test stability of transfers (ρ = .70). This further …
Persistent link: https://www.econbiz.de/10010247341
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Measuring individual risk attitudes in the lab : task or ask? ; an empirical comparison
Lönnqvist, Jan-Erik; Verkasalo, Markku; Walkowitz, Gari; … - 2014
the lab - here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves are …. Moreover, with respect to behaviour in the trust game, we find a high re-test stability of transfers (p = .70). This further …
Persistent link: https://www.econbiz.de/10010250131
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Valuing Protection against Low Probability,High Loss Risks: Experimental Evidence
Morone, Andrea; Ozdemir, Ozlem - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006
measure,(3)calculates relative risk aversion. The results of the experiment indicate that as theprobability of loss and loss … than to the variation in loss amountswhen they decide whether to buy the protective measure or not: choice decision. Yet …, theopposite is true when they decide the amount of willingness to pay for buying the protectivemeasure: payment decision. In …
Persistent link: https://www.econbiz.de/10005866644
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Do Individuals Recognize Cascade Behavior of Others? - An Experimental study
Stiehler, Andreas - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
In a cascade experiment subjects are confronted with artificial predecessors prdecting in line with the BHW model …
Persistent link: https://www.econbiz.de/10005866980
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Overconfidence in Investment Decisions:An Experimental Approach
Dittrich, Dennis; Güth, Werner; Maciejovsky, Boris - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2001
We experimentally test overconfidence in investment decisions by offering participants the possibility to substitute their own for alternative investment choices.Overall, 149 subjects participated in two experiments, one with just one risky asset, the other with two risky assets. Overconfidence...
Persistent link: https://www.econbiz.de/10005867326
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Is Trust a Risky Decision?
Eckel, Catherine C. - 2011
relationship between risk attitudes and the decision to trust an anonymous partner. Our experiments include two behavioral risk … the behavioral risk measures and the decision to trust. With additional control variables, there is a weak relationship … between risk measured from the survey and the decision to trust …
Persistent link: https://www.econbiz.de/10013125087
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Thinking in Chinese vs. thinking in English : social preference and risk attitudes of multicultural minds
Li, King King - 2010
trust game, subjects in the Chinese treatment are more trusting and trustworthy than in the English treatment. However, (2 …
Persistent link: https://www.econbiz.de/10008688574
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Measuring Individual Risk Attitudes in the Lab : Task or Ask? An Empirical Comparison
Lönnqvist, Jan-Erik - 2011
in the lab - here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves … in economic (lab) experiments. Moreover, with respect to trust, the high re-test stability of trust transfers (r = .70 …
Persistent link: https://www.econbiz.de/10013133876
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Measuring Individual Risk Attitudes in the Lab : Task or Ask? An Empirical Comparison
Lönnqvist, Jan-Erik - 2014
the lab - here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves are …. Moreover, with respect to behaviour in the trust game, we find a high re-test stability of transfers (p=.70). This further …
Persistent link: https://www.econbiz.de/10013056845