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Understanding the two components of risk attitudes : an experimental analysis

Qiu, Jianying; Steiger, Eva-Maria - In: Management science : journal of the Institute for … 57 (2011) 1, pp. 193-199

Persistent link: https://www.econbiz.de/10008858560

A parametric analysis of prospect theory's functionals for the general population

Booij, Adam S.; Praag, Bernard M. S. van; Kuilen, Gijs … - In: Theory and decision : an international journal for … 68 (2010) 1/2, pp. 115-148

Persistent link: https://www.econbiz.de/10008904978

Explaining the favorite-longshot bias : is it risk-love or misperceptions?

Snowberg, Erik; Wolfers, Justin - 2010

The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning – longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...

Persistent link: https://www.econbiz.de/10003958768

Explaining the favorite-longshot bias : is it risk-love or misperceptions?

Snowberg, Erik; Wolfers, Justin - 2010

Persistent link: https://www.econbiz.de/10003991679

Explaining the favorite-long shot bias : is it risk-love or misperceptions?

Snowberg, Erik; Wolfers, Justin - In: Journal of political economy 118 (2010) 4, pp. 723-746

Persistent link: https://www.econbiz.de/10008729502

Narrow bracketing and dominated choices

Rabin, Matthew (contributor); Weizsäcker, Georg (contributor) - 2007

An experiment by Tversky and Kahneman (1981) illustrates that people's tendency to evaluate risky decisions separately …. The theory is accompanied by both a real-stakes laboratory experiment and a large-sample survey from the general U ….S. population. Replicating Tversky and Kahneman's original experiment where decisionmakers with prototypical prospect …