- Consistency of Higher Order Risk Preferences🔍
- CONSISTENCY OF HIGHER ORDER RISK PREFERENCES🔍
- Consistency Of Higher Order Risk Preferences🔍
- Consistency of higher order risk preferences🔍
- On the consistency of the individual behavior when facing higher ...🔍
- Exploring the consistency of higher|order risk preferences* Authors🔍
- Exploring the consistency of higher|order risk preferences🔍
- Exploring The Consistency Of Higher Order Risk Preferences🔍
Consistency of Higher Order Risk Preferences
Consistency of Higher Order Risk Preferences
Consistency of Higher Order Risk Preferences. Cary Deck a. Harris Schlesinger b. September 2013. Abstract: Risk aversion (a 2 nd order risk preference) is a ...
CONSISTENCY OF HIGHER ORDER RISK PREFERENCES - jstor
KEYWORDS: Risk apportionment, mixed risk aversion, mixed risk loving, prudence, temperance, edginess, laboratory experiments. 1. INTRODUCTION. The risk attitude ...
Consistency of Higher Order Risk Preferences - Deck - 2014
We show how both risk-averse and risk-loving behaviors might be generated by a simple type of basic lottery preference for either (1) combining ...
In particular, Eeckhoudt, Schlesinger and Tsetlin (2009) propose a method for viewing aversion to higher degree risks as a type of lottery preference for ...
Consistency Of Higher Order Risk Preferences
Risk aversion (a second-order risk preference) is a time-proven concept in economic models of choice under risk. More recently, the higher order risk ...
preferences and we examine risk attitudes at even higher orders. Keywords: risk apportionment, mixed risk aversion, mixed risk loving, prudence, ...
Consistency of Higher Order Risk Preferences - IDEAS/RePEc
We further show that this dichotomy is fairly robust at explaining higher order risk attitudes in the laboratory. In addition to our own experimental evidence, ...
Consistency of higher order risk preferences - EconStor
Abstract: Risk aversion (a 2nd order risk preference) is a time-proven concept in economic models of choice under risk. More recently, the higher ...
Consistency of Higher Order Risk Preferences
Risk aversion (a 2nd order risk preference) is a time-proven concept in economic models of choice under risk. More recently, the higher order ...
On the consistency of the individual behavior when facing higher ...
We propose and analyze three procedures to elicit participants' behavior regarding their higher-order risk attitudes.
Exploring the consistency of higher-order risk preferences* Authors
―Consistency of Higher Order Risk Preferences.‖ Econometrica. 82(5): 1913-43. Deck, C., and H. Schlesinger. 2017. ―On the Robustness of Higher Order Risk ...
Consistency of Higher Order Risk Preferences - Aurora University ...
Risk aversion (a second-order risk preference) is a time-proven concept in economic models of choice under risk. More recently, the higher order risk ...
Exploring the consistency of higher-order risk preferences - EconStor
In this study we measure higher-order risk preferences and their consistency. We explore the role of country differences, the variation of stakes, and the ...
Consistency of Higher Order Risk Preferences
Supplement "Consistency of Higher Order Risk Preferences". This PDF file contains the instructions to the experimental subjects. View pdf.
Exploring The Consistency Of Higher Order Risk Preferences
The majority of choices are consistent with mixed risk aversion or mixed risk‐loving behavior. We also find this pattern after a 10‐fold increase in the stakes.
Consistency of Higher Order Risk Presences | Request PDF
Request PDF | Consistency of Higher Order Risk Presences | Risk aversion (a 2nd order risk preference) is a time-proven concept in economic models of choice ...
The modal behavior among our subjects is a mild degree of risk aversion consistent with a large experimental literature, a mild degree of prudence consistent ...
The Reflection Effect for Higher-Order Risk Preferences
Higher-order risk preferences are important determinants of economic behavior. We apply insights from behavioral economics: we measure ...
Under expected utility theory, prudence is equivalent to downside risk aversion (Menezes et al., 1980). Temperance, the fourth order risk ...
Exploring the consistency of higher-order risk preferences
The majority of choices are consistent with mixed risk aversion or mixed risk‐loving behavior. We also find this pattern after a tenfold increase in the stakes.