Add to ORKGAbstract: We report between-subject results on the effect of monetary stakes on risk attitudes. While we find the typical risk seeking for small probabilities, risk seeking is reduced under high stakes. This suggests that utility is not consistently concave
The endowment effect has been widely documented. Recent models of reference-dependent preferences in...
How does risk tolerance vary with stake size? This important question cannot be adequately answered ...
We carry out a large monetary stakes insurance experiment with very small probabilities of losses an...
We report between-subject results on the effect of monetary stakes on risk attitudes. While we find ...
International audienceMost studies on the role of incentives on risk attitude report data obtained f...
Risk attitudes are known to be sensitive to large stake variations. However, little is known on the ...
Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible lev...
This paper contributes to an important recent debate around expected utility and risk aversion. Reje...
Contains fulltext : 95483.pdf (publisher's version ) (Open Access)Cumulative prosp...
How does risk tolerance vary with stake size? This important question cannot be adequately answered ...
Are poor people more or less likely to take money risks than wealthy folks? We find that risk attrac...
We employ a novel data set to estimate a structural econometric model of the decisions under risk of...
We test the effect of stake size on ambiguity attitudes. Compared to a baseline condition, we find s...
Prospect theory (PT) is the dominant descriptive theory of decision making under risk today. For the...
We experimentally question the assertion of Prospect Theory that people display risk attraction in c...
The endowment effect has been widely documented. Recent models of reference-dependent preferences in...
How does risk tolerance vary with stake size? This important question cannot be adequately answered ...
We carry out a large monetary stakes insurance experiment with very small probabilities of losses an...
We report between-subject results on the effect of monetary stakes on risk attitudes. While we find ...
International audienceMost studies on the role of incentives on risk attitude report data obtained f...
Risk attitudes are known to be sensitive to large stake variations. However, little is known on the ...
Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible lev...
This paper contributes to an important recent debate around expected utility and risk aversion. Reje...
Contains fulltext : 95483.pdf (publisher's version ) (Open Access)Cumulative prosp...
How does risk tolerance vary with stake size? This important question cannot be adequately answered ...
Are poor people more or less likely to take money risks than wealthy folks? We find that risk attrac...
We employ a novel data set to estimate a structural econometric model of the decisions under risk of...
We test the effect of stake size on ambiguity attitudes. Compared to a baseline condition, we find s...
Prospect theory (PT) is the dominant descriptive theory of decision making under risk today. For the...
We experimentally question the assertion of Prospect Theory that people display risk attraction in c...
The endowment effect has been widely documented. Recent models of reference-dependent preferences in...
How does risk tolerance vary with stake size? This important question cannot be adequately answered ...
We carry out a large monetary stakes insurance experiment with very small probabilities of losses an...