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In this study I analyze how lottery framing and lottery display type affect the degree of higher-order risk preferences …
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We report on a laboratory experiment testing for the presence of loss aversion, as separate from risk aversion … loss by experimental participants. Our experimental design augments the Holt-Laury risk preference elicitation methodology … additional reluctance to participate in a mixed domain lottery beyond that predicted by risk aversion. We show that only …
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Narrow bracketing in combination with loss aversion has been shown to reduce individual risk-taking. This is known as …
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environmental impacts. However, as adopting innovations can lead to risks, it is important to understand the role of farmers' risk … attitudes. We quantified Dutch arable farmers' risk attitudes based on the cumulative prospect theory (CPT) and used the benefit … parameters of farmers’ risk attitude and farm-level innovation. We find no statistically significant association between CPT …
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