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The classical trinity of tests is used to check for the presence of a tremble in economic experiments in which the response variable is binary. A tremble is said to occur when an agent makes a decision completely at random, without regard to the values taken by the explanatory variables. The...
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This study extends experimental tests of (cumulative) prospect theory (PT) over prospects with more than three outcomes and tests second-order stochastic dominance principles (Levy and Levy, Management Science 48:1334–1349, <CitationRef CitationID="CR44">2002</CitationRef>; Baucells and Heukamp, Management Science 52:1409–1423, <CitationRef CitationID="CR10">2006</CitationRef>)....</citationref></citationref>
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Purpose – The purpose of this paper is to examine two aspects of the self‐employment adjustment of immigrant groups in the UK. First, how the probability of self‐employment for males changes with time since migration relative to the native population and second, how the probability of...
Persistent link: https://www.econbiz.de/10014783320
Purpose – The purpose of this paper is to examine two aspects of the self-employment adjustment of immigrant groups in the UK. First, how the probability of self-employment for males changes with time since migration relative to the native population and second, how the probability of...
Persistent link: https://www.econbiz.de/10004987646
Persistent link: https://www.econbiz.de/10005447144
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