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contests which are isomorphic under risk-neutrality. The results indicate that in aggregate the single-prize contest generates …-prize contest. We also elicit preferences toward risk, ambiguity and losses, and find that while such preferences cannot explain …
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contests which are isomorphic under risk-neutrality. The results indicate that in aggregate the single-prize contest generates …-prize contest. We also elicit preferences toward risk, ambiguity and losses, and find that while such preferences cannot explain …
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underlying attributes, such as risk-aversion and the utility of winning. Finally, we find that subjects exhibit consistent …
Persistent link: https://www.econbiz.de/10012940281