Averting risk in the face of large losses: Bernoulli vs. Tversky and Kahneman
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Publication:974197
DOI10.1016/j.econlet.2010.01.018zbMath1203.91048OpenAlexW3123843628MaRDI QIDQ974197
Joaquim Silvestre, Antoni Bosch-Domènech
Publication date: 27 May 2010
Published in: Economics Letters (Search for Journal in Brave)
Full work available at URL: http://hdl.handle.net/10230/295
Related Items (6)
Reflections on gains and losses: a \(2 \times 2 \times 7\) experiment ⋮ On the potential for observational equivalence in experiments on risky choice when a power value function is assumed ⋮ Competitive insurance pricing with complete information, loss-averse utility and finitely many policies ⋮ Heterogeneous agents and the implications of the Markowitz model of utility for multi-prize lottery tickets ⋮ ZOOMING IN ON AMBIGUITY ATTITUDES ⋮ Measuring risk aversion with lists: a new bias
Cites Work
- Gambling with the house money in capital expenditure decisions: An experimental analysis
- Loss averse behavior
- Reflections on gains and losses: a \(2 \times 2 \times 7\) experiment
- Advances in prospect theory: cumulative representation of uncertainty
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- Does risk aversion or attraction depend on income? An experiment
- Risk attitudes of children and adults: Choices over small and large probability gains and losses
- Is probability weighting sensitive to the magnitude of consequences? An experimental investigation on losses
- An experimental examination of the house money effect in a multi-period setting
- Investigating risky choices over losses using experimental data
- Prospect Theory: Much Ado About Nothing?
- Choice-Based Elicitation and Decomposition of Decision Weights for Gains and Losses Under Uncertainty
- Prospect Theory: An Analysis of Decision under Risk
- Do the Wealthy Risk More Money? An Experimental Comparison
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