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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
It has been shown that participants in the dictator game are less willing to give money to the other participant when their choice set also includes the option to take money. We examine whether this effect is due to the choice set providing a signal about entitlements in a setting where...
Persistent link: https://www.econbiz.de/10011041625
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/10005464744
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
We study risk taking on behalf of others, both with and without potential losses. A large-scale incentivized experiment …
Persistent link: https://www.econbiz.de/10010125960
population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … ; cognitive ability ; experiment; noise …
Persistent link: https://www.econbiz.de/10009737693