Recent health policy reforms try to increase consumer choice. We use a laboratory experiment to analyze consumers …’ tastes in typical contract attributes of health insurances and to investigate their relationship with individual risk … elicit individual risk preferences according to Cumulative Prospect Theory. Applying a latent class model to the choice data …

it. The present experiment (N = 95) tests for such framing effects in a multiple price list task (MPL). Numeric risk …The most common experimental methods to elicit risk aversion present the decision maker with a menu of lotteries and … (a pie chart or bar graph). Literature on risk communication suggests that alternative but equivalent numeric formats (e …

given a large per-experiment endowment rather than when the endowment is given per-period. Risk-aversion and non …

We report on a laboratory experiment testing for the presence of loss aversion, as separate from risk aversion … loss by experimental participants. Our experimental design augments the Holt-Laury risk preference elicitation methodology … additional reluctance to participate in a mixed domain lottery beyond that predicted by risk aversion. We show that only …

interest. Our experiment finds a significant effect of language ambiguation on subjects who are competent Bayesian updaters …