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Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative nonexpected utility theories. The present paper performs a similar analysis which relies on pricing data instead of...
Persistent link: https://www.econbiz.de/10010296261
Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative nonexpected utility theories. The present paper performs a similar analysis which relies on pricing data instead of...
Persistent link: https://www.econbiz.de/10010278003
Experimental research on decision making under risk has until now always employed choicedata in order to evaluate the empirical performance of expected utility and the alternative nonexpectedutility theories. The present paper performs a similar analysis which relies on pricingdata instead of...
Persistent link: https://www.econbiz.de/10005866821
Most experiments on decision theory ask individual subjects to make more than one decision. The isolation hypothesis is …
Persistent link: https://www.econbiz.de/10010886962
Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative non-expected utility theories. The present paper performs a similar analysis which relies on pricing data instead...
Persistent link: https://www.econbiz.de/10005252188
Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative nonexpected utility theories. The present paper performs a similar analysis which relies on pricing data instead of...
Persistent link: https://www.econbiz.de/10005082826
Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative non-expected utility theories. The present paper performs a similar analysis which relies on pricing data instead...
Persistent link: https://www.econbiz.de/10005464744
The present paper reports a repeated experiment on decision making under risk where subjects have to tackle the same … experiment. Our analysis complements and extends Hey (2001) who analyzes for each subject the fit of several preference …
Persistent link: https://www.econbiz.de/10010486756
This paper presents a simple experiment on how laypeople form macroeconomic expectations. Subjects have to forecast … decisive factor in expectation formation. -- Expectations ; macroeconomic experiment ; use of information ; inflation forecasts …
Persistent link: https://www.econbiz.de/10009240694
Persistent link: https://www.econbiz.de/10011530666