Arbeitspapier
Valuing a risky prospect less than its worst outcome: uncertainty effect or task ambiguity?
Gneezy, List and Wu [Q. J. Econ. 121 (2006) 1283-1309] document that lotteries are often valued less than the lotteries worst outcomes. We show how to undo this result.
- Language
-
Englisch
- Bibliographic citation
-
Series: Jena Economic Research Papers ; No. 2007,038
- Classification
-
Wirtschaft
Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
Design of Experiments: Laboratory, Individual
Field Experiments
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Subject
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Risky choice
framing
experiments
task ambiguity
subject confusion
Entscheidung bei Risiko
Framing
Test
- Event
-
Geistige Schöpfung
- (who)
-
Ortmann, Andreas
Prokosheva, Alexandra
Rydval, Ondřej
Hertwig, Ralph
- Event
-
Veröffentlichung
- (who)
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Friedrich Schiller University Jena and Max Planck Institute of Economics
- (where)
-
Jena
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ortmann, Andreas
- Prokosheva, Alexandra
- Rydval, Ondřej
- Hertwig, Ralph
- Friedrich Schiller University Jena and Max Planck Institute of Economics
Time of origin
- 2007
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