Valuing a Risky Prospect Less than its Worst Outcome : Uncertainty Effect or Task Ambiguity?
| Year of publication: |
2009
|
|---|---|
| Authors: | Ortmann, Andreas ; Prokosheva, Alexandra ; Rydval, Ondřej ; Hertwig, Ralph |
| Publisher: |
[S.l.] : SSRN |
| Subject: | Entscheidung unter Risiko | Decision under risk | Experiment | Prospect Theory | Prospect theory | Risiko | Risk |
| Description of contents: |
Gneezy, List and Wu [Quarterly Journal of Economics, Vol. 121, pp. 1283-1309, 2006] document that lotteries are often valued less than the lotteries’ worst outcomes. We show how to undo this result
|
freely available
| Extent: | 1 Online-Ressource (15 p) |
|---|---|
| Series: | CERGE-EI Working Paper Series ; No. 334 |
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 1, 2007 erstellt |
| Other identifiers: | 10.2139/ssrn.1489506 [DOI] |
| Classification: | C81 - Methodology for Collecting, Estimating, and Organizing Microeconomic Data ; C91 - Laboratory, Individual Behavior ; C93 - Field Experiments ; D83 - Search, Learning, Information and Knowledge |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014202652