Showing 1 - 10 of 13,779
Persistent link: https://www.econbiz.de/10012821448
Persistent link: https://www.econbiz.de/10011949316
Persistent link: https://www.econbiz.de/10013488858
Persistent link: https://www.econbiz.de/10010370699
Persistent link: https://www.econbiz.de/10010481910
ability”, such as poor education, unemployment, and little financial sophistication. Based on prospective reference theory, we … is linked to risk-related characteristics, such as risk tolerance and optimism. This indicates a potential problem as …
Persistent link: https://www.econbiz.de/10011452571
Persistent link: https://www.econbiz.de/10011744071
The literature typically attributes the Allais Paradox to a violation of the Independence Axiom. We present experimental data showing that violations of the Reduction of Compound Lotteries Axiom are significantly more problematic, and our findings are robust to both choice and pricing tasks. We...
Persistent link: https://www.econbiz.de/10012843741
Persistent link: https://www.econbiz.de/10012581715
Persistent link: https://www.econbiz.de/10012391244