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heterogeneity in revealed preferences.) Actual trade in the constructed economies using a tatonnement market institution closely …
Persistent link: https://www.econbiz.de/10012013804
We investigate heterogeneity in patterns of preferences for health insurance features using health insurance choice … also account for individually elicited risk preferences. On aggregate, we find that there is considerable heterogeneity in … forgo deductibles. However, if we measure the quality of individuals' decisions based on risk preferences, the heterogeneity …
Persistent link: https://www.econbiz.de/10014309907
, reveals five classes of consumers with considerable heterogeneity in tastes for contract attributes. From this, we infer …
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heterogeneity in revealed preferences.) Actual trade in the constructed economies using a tatonnement market institution closely …
Persistent link: https://www.econbiz.de/10011763083
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, reveals five classes of consumers with considerable heterogeneity in tastes for contract attributes. From this, we infer …
Persistent link: https://www.econbiz.de/10010461931
Using trading data from a sports-wagering market, we estimate individuals' dynamic risk preferences within the prospect-theory paradigm. This market's experimental-like features facilitate preference estimation, and our long panel enables us to study whether preferences vary across individuals...
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