Showing 1 - 10 of 58,680
Persistent link: https://www.econbiz.de/10009234314
field behavior. -- experiments with children and adolescents ; risk ; ambiguity ; time preferences ; health status ; savings …We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
Persistent link: https://www.econbiz.de/10009737080
, which expose the agent to a high degree of risk, generate higher performance than cost-equivalent contracts with lower or no … risk exposure. I find that probability distortions that result from likelihood insensitivity-cognitive limitations that …
Persistent link: https://www.econbiz.de/10015053193
We study risky inter-temporal choice in a large random student sample (n=721) and a large rural sample (n=835) in Malawi. All respondents were exposed to the same 20 Multiple Choice Lists with a rapid elicitation method that facilitated the identification of near-future Certainty Equivalents of...
Persistent link: https://www.econbiz.de/10014581476
We explore how risk-taking in the card game contract bridge, and in a financial gamble, correlate with variation in the … dopamine receptor D4 gene (DRD4) among serious tournament bridge players. In bridge risk-taking, we find significant … does not predict risk-taking among men without the 7R allele. Consistent with some prior studies, we also find that 7R men …
Persistent link: https://www.econbiz.de/10014193647
We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a … laboratory risky financial decisions, and (ii) behavior in naturally-occurring field behavior under risk (financial, health and … employment decisions). We find that measures of risk attitude are related to behavior in laboratory financial decisions and the …
Persistent link: https://www.econbiz.de/10012868010
We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a … laboratory risky financial decisions, and (ii) behavior in naturally-occurring field behavior under risk (financial, health and … employment decisions). We find that measures of risk attitude are related to behavior in laboratory financial decisions and the …
Persistent link: https://www.econbiz.de/10012868969
We use a field experiment and a within-subject design based on multiple Choice Lists (CLs) that integrate time and risk … nor by non-linear weighting of risk in future prospects. …
Persistent link: https://www.econbiz.de/10012814571
to armed conflict affects risk and ambiguity attitudes of individuals. We identify random exposure to conflict by relying …. We show that the effects on risk and ambiguity attitudes depend on the type of exposure. We find that as the degree of … overall effects. Our findings are consistent with history-dependent preferences on risk and ambiguity …
Persistent link: https://www.econbiz.de/10013230631
useful for out-of-sample prediction. Nor do we find practical applications of Bernoulli functions in major risk … potentially observable opportunities rather than on unobservable Bernoulli functions. -- expected utility ; risk aversion ; St …
Persistent link: https://www.econbiz.de/10009151813