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We study the correlation of choice under risk in Holt-Laury lotteries for gains and losses with gender, the use of … the digit ratio (2D:4D) in more than 200 subjects. In males, salivary testosterone is negatively correlated with risk … aversion for gains only. In females, salivary cortisol is positively correlated with risk aversion for gains only. No other …
Persistent link: https://www.econbiz.de/10010255048
overbidding in auctions. As a workhorse we use the second-price all-pay and the first-price winner-pay auction. Both risk and …In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for … spite can be used to rationalize deviations from risk neutral equilibrium bids in auctions. We exploit that equilibrium …
Persistent link: https://www.econbiz.de/10012002983
Overbidding in auctions has been attributed to e.g. risk aversion, loser regret, level-k, and cursedness, relying on …
Persistent link: https://www.econbiz.de/10011698267
We correlate choice under risk in Holt-Laury lottery tasks for gains and losses with salivary testosterone, estradiol … more than 200 subjects. Risk aversion is negatively correlated with testosterone and positively correlated with cortisol, a … stress hormone, for gains only. In males, testosterone is negatively correlated with risk aversion for gains only. In females …
Persistent link: https://www.econbiz.de/10010282077
We correlate choice under risk in Holt-Laury lottery tasks for gains and losses with salivary testosterone, estradiol … more than 200 subjects. Risk aversion is negatively correlated with testosterone and positively correlated with cortisol, a … stress hormone, for gains only. In males, testosterone is negatively correlated with risk aversion for gains only. In females …
Persistent link: https://www.econbiz.de/10010826383
We study the correlation of choice under risk in Holt-Laury lotteries for gains and losses with gender, the use of … the digit ratio (2D:4D) in more than 200 subjects. In males, salivary testosterone is negatively correlated with risk … aversion for gains only. In females, salivary cortisol is positively correlated with risk aversion for gains only. No other …
Persistent link: https://www.econbiz.de/10010826386
This paper theoretically and experimentally studies the role of two behavioral biases in all-pay auctions for charity. The theory is developed to predict the effect of loss aversion in the first-price all-pay auction and sunk cost sensitivity in the war of attrition. Using controlled laboratory...
Persistent link: https://www.econbiz.de/10012902237
experiment, reduces evasion, as predicted by our theory. Loss aversion, risk aversion, and their interaction, are critical …
Persistent link: https://www.econbiz.de/10012294881
Persistent link: https://www.econbiz.de/10011793597
Persistent link: https://www.econbiz.de/10011977644