Understanding the Two Components of Risk Attitudes: An Experimental Analysis
Published Online:3 Dec 2010https://doi.org/10.1287/mnsc.1100.1260
References
- Parameter-free elicitation of utility and probability weighting functions. Management Sci. (2000) 46(11):1497–1512Link, Google Scholar
- Choice-based elicitation and decomposition of decision weights for gains and losses under uncertainty. Management Sci. (2005) 51(9):1384–1399Link, Google Scholar
- A parameter-free elicitation of the probability weighting function in medical decision analysis. Management Sci. (2000) 46(11):1485–1496Link, Google Scholar
- An experimental test of several generalized utility theories. J. Risk Uncertainty (1989) 2(1):61–104Crossref, Google Scholar
- z-Tree: Zurich toolbox for ready-made economic experiments. Experiment. Econom. (2007) 10(2):171–178Crossref, Google Scholar
- Expression theory and the preference reversal phenomena. Psych. Rev. (1987) 94(2):236–254Crossref, Google Scholar
- , Kremer K., Macho V. An online recruitment system for economic experiments. Forschung und Wissenschaftliches Rechnen (2004) (Datenverarbeitung, Göttingen) 79–93GWDG Bericht 63, Ges. für WissGoogle Scholar
- Risk aversion and preference distortion in deterministic bargaining experiments. Econom. Lett. (1986) 22(2–3):191–196Crossref, Google Scholar
- , Cox J. C., Harrison G. W. Risk aversion in the laboratory. Risk Aversion in Experiments, Vol. 12. Research in Experimental Economics (2008) (Emerald Group Publishing Limited, Bingley, UK) 41–196Crossref, Google Scholar
- Prospect theory: An analysis of decision under risk. Econometrica (1979) 47(2):263–292Crossref, Google Scholar
- On the impact of risk attitudes on belief updating: An experimental study. (2010) . Working paper, Strategic Interaction Group, Max Planck Institute of Economics, Jena, GermanyGoogle Scholar
- Violations of the independence axiom in common ratio problems: An experimental test of some competing hypotheses. Ann. Oper. Res. (1989) 19(1):79–102Crossref, Google Scholar
- Subjective probability weighting and the discovered preference hypothesis. Theory Decision (2009) 67(1):1–22Crossref, Google Scholar
- The midweight method to measure attitudes toward risk and ambiguity. Management Sci. (2011) . ForthcomingGoogle Scholar
- Separating marginal utility and probabilistic risk aversion. Theory Decision (1994) 36(2):1–44Crossref, Google Scholar
- Eliciting von Neumann-Morgenstern utilities when probabilities are distorted or unknown. Management Sci. (1996) 42(8):1131–1150Link, Google Scholar

