Showing 1 - 10 of 316
Persistent link: https://www.econbiz.de/10005654503
Persistent link: https://www.econbiz.de/10005299121
Persistent link: https://www.econbiz.de/10005715792
Exchange economies were created in which individuals faced losses. If people are risk seeking in the losses, as predicted by prospect theory, then due to the nonconvexity, the competitive equilibria are all on the boundaries of the Edgeworth box. The experimental results are that risk-seeking...
Persistent link: https://www.econbiz.de/10005570998
Persistent link: https://www.econbiz.de/10005123318
Persistent link: https://www.econbiz.de/10005123321
Persistent link: https://www.econbiz.de/10005123323
Persistent link: https://www.econbiz.de/10005123324
Persistent link: https://www.econbiz.de/10005299116
Persistent link: https://www.econbiz.de/10005299122