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Professional poker players' behavior in high-stakes, televised tournaments is significantly more conservative than that prescribed by risk-neutral models of dynamic optimization for decisions to call or fold after final ‘river' bets. Had players adhered to a risk-neutral dynamically-optimal...
Persistent link: https://www.econbiz.de/10013156640
With recent advances in understanding of the neuroscience of risk taking, attention is now turning to genetic factors that may contribute to individual heterogeneity in risk attitudes. In this paper we test for genetic associations with risk attitude measures derived from both the psychology and...
Persistent link: https://www.econbiz.de/10013156911
In response to the mounting threat of COVID-19, we added questions to an ongoing food preference study held at Louisiana State University from March 3-12 of 2020. We asked 356 participants: (1) In your opinion, how likely is it that the spread of COVID-19 (the coronavirus) will cause a public...
Persistent link: https://www.econbiz.de/10012837433
We study panel data on three birth-year cohorts to understand the changes in risk tolerance across different age groups. Interval regression models on cross-sectional data for each birth cohort are constructed to investigate how time-invariant factors and macroeconomic events such as September...
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We analyze how sellers of used construction equipment sort products between online and offline auctions based on the quality and transparency of different machine attributes. Sellers are more likely to offer machines online if quality is high for attributes whose integrity can be measured via...
Persistent link: https://www.econbiz.de/10012895055
Experimental studies have consistently shown that cooperative outcomes can emerge even in finitely repeated games. Such outcomes are justified by existing reputation building models, which suggest that cooperative outcomes can be sustained if some subjects have other-regarding preferences. While...
Persistent link: https://www.econbiz.de/10012764222
Techniques such as neuroimaging and molecular genetics are increasingly used to investigate economic theory, decision making behavior and personality traits related to economic behavior (e.g., risk attitudes, reward dependence). The generalizability of this research is ultimately limited,...
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