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. To further explore this issue, we designed a second experiment to explore risk-taking behavior for gain prospects … by prospect theory. An additional accountability mechanism does not change risk behavior, except for mixed prospects, in … responsible for somebody else's payoffs increases risk aversion. This is however not attributable to a "cautious shift" as often …
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behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying …
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We provide evidence that subsidy types that are identical in monetary terms differ in their behavioral responses and consequently in their effectiveness. In particular, we observe that investments into a subsidized asset are higher under tax credit than under grant. Both subsidy types are...
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