Money Does Not Induce Risk Neutral Behavior, but Binary Lotteries Do even Worse
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References listed on IDEAS
- Cox, James C & Oaxaca, Ronald L, 1995. "Inducing Risk-Neutral Preferences: Further Analysis of the Data," Journal of Risk and Uncertainty, Springer, vol. 11(1), pages 65-79, July.
- Cooper, R. & DeJong, D.V. & Forsythe, R. & Ross, T.W., 1991. "Forward Induction in the Battle of Sexes Games," Working Papers 91-19, University of Iowa, Department of Economics.
- Walker, James M & Smith, Vernon L & Cox, James C, 1990. "Inducing Risk-Neutral Preferences: An Examination in a Controlled Market Environment," Journal of Risk and Uncertainty, Springer, vol. 3(1), pages 5-24, March.
- Cox, James C & Smith, Vernon L & Walker, James M, 1988. "Theory and Individual Behavior of First-Price Auctions," Journal of Risk and Uncertainty, Springer, vol. 1(1), pages 61-99, March.
- Joyce E. Berg & Lane A. Daley & John W. Dickhaut & John R. O'Brien, 1986. "Controlling Preferences for Lotteries on Units of Experimental Exchange," The Quarterly Journal of Economics, Oxford University Press, vol. 101(2), pages 281-306.
More about this item
KeywordsBinary lottery payoffs; Choices under risk; Risk preferences; Design of experiments; Experimental economics;
StatisticsAccess and download statistics
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