Berninghaus, Siegfried K.; Todorova, Lora R.; Vogt, Bodo - Fakultät für Wirtschaftswissenschaft, … - 2012
-response correspondence framework, this result can be explained by a change in either risk preferences or beliefs. We find that self …-reporting risk preferences does not induce a change in subjects' beliefs. We argue that the behavioral arguments of strategy … selection, such as focal points, framing and uncertain preferences can explain our results. …