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Payoff Scale Effects and Risk Preference Under Real and Hypothetical Conditions

In: Handbook of Experimental Economics Results

Author

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  • Laury, Susan K.
  • Holt, Charles A.

Abstract

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Suggested Citation

  • Laury, Susan K. & Holt, Charles A., 2008. "Payoff Scale Effects and Risk Preference Under Real and Hypothetical Conditions," Handbook of Experimental Economics Results, in: Charles R. Plott & Vernon L. Smith (ed.), Handbook of Experimental Economics Results, edition 1, volume 1, chapter 111, pages 1047-1053, Elsevier.
    • Handle: RePEc:eee:expchp:7-111
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    Citations

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    Cited by:

    1. Resende, José Guilherme Lara & Tecles, Patricia Langsch, 2011. "A Simple Method of Elicitation of Preferences under Risk," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 31(2), December.
    2. Kerri Brick & Martine Visser & Justine Burns, 2012. "Risk Aversion: Experimental Evidence from South African Fishing Communities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(1), pages 133-152.
    3. James Cox & Vjollca Sadiraj & Ulrich Schmidt, 2015. "Paradoxes and mechanisms for choice under risk," Experimental Economics, Springer;Economic Science Association, vol. 18(2), pages 215-250, June.
    4. Samek, Anya & Gray, Andre & Datar, Ashlesha & Nicosia, Nancy, 2021. "Adolescent time and risk preferences: Measurement, determinants and field consequences," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 460-488.
    5. Ottone, Stefania & Ortona, Guido & Ponzano, Ferruccio & Scacciati, Francesco, 2010. "Some differences in revealed behaviour under different inquiry methods," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(5), pages 546-553, October.
    6. Richard R. W. Brooks & Alexander Stremitzer & Stephan Tontrup, 2017. "Stretch It but Don't Break It: The Hidden Cost of Contract Framing," The Journal of Legal Studies, University of Chicago Press, vol. 46(2), pages 399-426.
    7. Topi Miettinen & Olli Ropponen & Pekka Sääskilahti, 2020. "Prospect Theory, Fairness, and the Escalation of Conflict at a Negotiation Impasse," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(4), pages 1535-1574, October.
    8. Migheli, Matteo & Scacciati, Francesco, 2009. "How does labor supply react to different tax rates? A field inquiry," POLIS Working Papers 124, Institute of Public Policy and Public Choice - POLIS.
    9. Chung, Hui-Kuan & Glimcher, Paul & Tymula, Agnieszka, 2015. "Canonical Riskless Choice Over Bundles: Aint No Reference Point Here," Working Papers 2015-07, University of Sydney, School of Economics.

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    JEL classification:

    • C - Mathematical and Quantitative Methods

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