This experimental study investigates insurance decisions in low-probability, high-loss risk situations. Results indicate that subjects consider the probability of loss (loss size) when they make buying decisions (paying decisions). Most individuals are risk averse with no specific threshold probability
We conduct a battery of experiments in which agents make choices from several pairs of all-loss-lott...
Previous studies on loss aversion have shown mixed results for small stakes decisions. This thesis p...
In Brief Most studies assessing decision-making under uncertainty use events with probabilities that...
This experimental study investigates insurance decisions in low-probability, high-loss risk situatio...
This experimental study investigates insurance decisions in low-probability, high-loss risk situatio...
This experimental study investigates insurance decisions in low-probability, high-loss risk situatio...
The study investigates protective responses in low probability and high loss risk situations. Partic...
The study investigates protective responses in low probability and high loss risk situations. Partic...
The study investigates protective responses in low probability and high loss risk situations. Partic...
We carry out a large monetary stakes insurance experiment with very small probabilities of losses an...
We carry out a large monetary stakes insurance experiment with very small probabilities of losses an...
This article extends the large amount of research on double-oral auction markets to hazards that pro...
On the basis of a real high stakes insurance experiment with small probabilities of losses, we demo...
We introduce a model of the decision between precaution and insurance under an ambiguous probability...
Research suggests that decision making is an important, often-overlooked determinant of human health...
We conduct a battery of experiments in which agents make choices from several pairs of all-loss-lott...
Previous studies on loss aversion have shown mixed results for small stakes decisions. This thesis p...
In Brief Most studies assessing decision-making under uncertainty use events with probabilities that...
This experimental study investigates insurance decisions in low-probability, high-loss risk situatio...
This experimental study investigates insurance decisions in low-probability, high-loss risk situatio...
This experimental study investigates insurance decisions in low-probability, high-loss risk situatio...
The study investigates protective responses in low probability and high loss risk situations. Partic...
The study investigates protective responses in low probability and high loss risk situations. Partic...
The study investigates protective responses in low probability and high loss risk situations. Partic...
We carry out a large monetary stakes insurance experiment with very small probabilities of losses an...
We carry out a large monetary stakes insurance experiment with very small probabilities of losses an...
This article extends the large amount of research on double-oral auction markets to hazards that pro...
On the basis of a real high stakes insurance experiment with small probabilities of losses, we demo...
We introduce a model of the decision between precaution and insurance under an ambiguous probability...
Research suggests that decision making is an important, often-overlooked determinant of human health...
We conduct a battery of experiments in which agents make choices from several pairs of all-loss-lott...
Previous studies on loss aversion have shown mixed results for small stakes decisions. This thesis p...
In Brief Most studies assessing decision-making under uncertainty use events with probabilities that...