Showing 161 - 170 of 568,513
when confronted with decisions involving risk. These differences in risk preferences, when combined with gender differences … financial markets. Recent evidence has challenged this consensus, however, finding gender differences in risk attitudes to be …
Persistent link: https://www.econbiz.de/10013413338
Persistent link: https://www.econbiz.de/10011765197
Persistent link: https://www.econbiz.de/10013548845
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10010277023
subjects were more risk averse in the buying experiment than in the selling experiment, suggesting the endowment effect. In the … selling experiment, subjects were risk loving when there was a low win probability and risk averse with a high win probability …, whereas they were risk averse in the buying experiment. Using the prize money won during the experiment as a measure of wealth …
Persistent link: https://www.econbiz.de/10003339280
whether this type of behavior persists when risk comes into play. I devise an experiment which sheds light on the …
Persistent link: https://www.econbiz.de/10003824191
whether this type of behavior persists when risk comes into play. I devise an experiment which sheds light on the …
Persistent link: https://www.econbiz.de/10003903038
Economics and management science share the tradition of ordering risk aversion by ï¬tting the best expected utility (EU) model with a certain utility function to individual data, and then using the utility curvature for each individual as the sole index of risk attitude. (Cumulative) Prospect...
Persistent link: https://www.econbiz.de/10003905733
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities … section for very small amounts. -- Risk attitude ; incentives ; decision ; experiment …
Persistent link: https://www.econbiz.de/10003910085
Cumulative Prospect Theory (PT) introduced the weighting of probabilities as an additional component to capture risk attitudes. However, this addition would be a less significant challenge to expected utility theory (EU) if utility curvature and probability weighting showed strong positive...
Persistent link: https://www.econbiz.de/10008669974