When Opportunity Matters: Comparing the Risk‐Taking Attitudes of Prisoners and Recently Released Ex‐Prisoners
Author
Abstract
Suggested Citation
DOI: 10.1111/risa.12042
Download full text from publisher
References listed on IDEAS
- Gary S. Becker, 1974.
"Crime and Punishment: An Economic Approach,"
NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 1-54,
National Bureau of Economic Research, Inc.
- Gary S. Becker, 1968. "Crime and Punishment: An Economic Approach," Journal of Political Economy, University of Chicago Press, vol. 76(2), pages 169-169.
- Adam Booij & Bernard Praag & Gijs Kuilen, 2010.
"A parametric analysis of prospect theory’s functionals for the general population,"
Theory and Decision, Springer, vol. 68(1), pages 115-148, February.
- Adam S. Booij & Bernard M.S. Van Praag & Gijs Van De Kuilen & Bernard M.S. van Praag, 2009. "A Parametric Analysis of Prospect Theory's Functionals for the General Population," CESifo Working Paper Series 2609, CESifo.
- Booij, Adam S. & van Praag, Bernard M. S. & van de Kuilen, Gijs, 2009. "A Parametric Analysis of Prospect Theory's Functionals for the General Population," IZA Discussion Papers 4117, Institute of Labor Economics (IZA).
- David Dubois & Ena Inesi & Simona Botti & Derek D. Rucker & Adam D. Galinsky, 2011. "Power and Choice: Their Dynamic Interplay in Quenching the Thirst for Personal Control," Post-Print hal-00696608, HAL.
- Tversky, Amos & Kahneman, Daniel, 1992. "Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
- Anderson, David A, 1999. "The Aggregate Burden of Crime," Journal of Law and Economics, University of Chicago Press, vol. 42(2), pages 611-642, October.
- Inesi, M. Ena, 2010. "Power and loss aversion," Organizational Behavior and Human Decision Processes, Elsevier, vol. 112(1), pages 58-69, May.
- Block, Michael K & Gerety, Vernon E, 1995. "Some Experimental Evidence on Differences between Student and Prisoner Reactions to Monetary Penalties and Risk," The Journal of Legal Studies, University of Chicago Press, vol. 24(1), pages 123-138, January.
- Camerer, Colin F, 1989. "An Experimental Test of Several Generalized Utility Theories," Journal of Risk and Uncertainty, Springer, vol. 2(1), pages 61-104, April.
- Helga Fehr-Duda & Manuele Gennaro & Renate Schubert, 2006. "Gender, Financial Risk, and Probability Weights," Theory and Decision, Springer, vol. 60(2), pages 283-313, May.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Filiz-Ozbay, Emel & Guryan, Jonathan & Hyndman, Kyle & Kearney, Melissa & Ozbay, Erkut Y., 2015.
"Do lottery payments induce savings behavior? Evidence from the lab,"
Journal of Public Economics, Elsevier, vol. 126(C), pages 1-24.
- Emel Filiz-Ozbay & Jonathan Guryan & Kyle Hyndman & Melissa Schettini Kearney & Erkut Y. Ozbay, 2013. "Do Lottery Payments Induce Savings Behavior: Evidence from the Lab," NBER Working Papers 19130, National Bureau of Economic Research, Inc.
- Syngjoo Choi & Jeongbin Kim & Eungik Lee & Jungmin Lee, 2022.
"Probability Weighting and Cognitive Ability,"
Management Science, INFORMS, vol. 68(7), pages 5201-5215, July.
- Syngjoo Choi & Jeongbin Kim & Eungik Lee & Jungmin Lee, 2018. "Probability Weighting and Cognitive Ability," Working Paper Series no121, Institute of Economic Research, Seoul National University.
- Dacey, Raymond & Gallant, Kenneth S., 1997. "Crime control and harassment of the innocent," Journal of Criminal Justice, Elsevier, vol. 25(4), pages 325-334.
- Narges Hajimoladarvish, 2017. "Very Low Probabilities in the Loss Domain," The Geneva Papers on Risk and Insurance Theory, Springer;International Association for the Study of Insurance Economics (The Geneva Association), vol. 42(1), pages 41-58, March.
- Kpegli, Yao Thibaut & Corgnet, Brice & Zylbersztejn, Adam, 2023.
"All at once! A comprehensive and tractable semi-parametric method to elicit prospect theory components,"
Journal of Mathematical Economics, Elsevier, vol. 104(C).
- Yao Thibaut Kpegli & Brice Corgnet & Adam Zylbersztejn, 2020. "All at Once! A Comprehensive and Tractable Semi-Parametric Method to Elicit Prospect Theory Components," Working Papers 2034, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Yao Thibaut Kpegli & Brice Corgnet & Adam Zylbersztejn, 2020. "All at Once! A Comprehensive and Tractable Semi-Parametric Method to Elicit Prospect Theory Components," Working Papers halshs-03016517, HAL.
- Songfa Zhong & Salomon Israel & Hong Xue & Richard P Ebstein & Soo Hong Chew, 2009. "Monoamine Oxidase A Gene (MAOA) Associated with Attitude Towards Longshot Risks," PLOS ONE, Public Library of Science, vol. 4(12), pages 1-4, December.
- Attema, Arthur E. & Brouwer, Werner B.F. & l’Haridon, Olivier, 2013.
"Prospect theory in the health domain: A quantitative assessment,"
Journal of Health Economics, Elsevier, vol. 32(6), pages 1057-1065.
- Attema, Arthur & Brouwer, Werner & l'Haridon, Olivier, 2013. "Prospect theory in the health domain: a quantitative assessment," MPRA Paper 44207, University Library of Munich, Germany.
- Arthur E. Attema & Werner B.F. Brouwer & Olivier L’haridon, 2013. "Prospect theory in the health domain: A quantitative assessment," Post-Print halshs-00866788, HAL.
- David Bruner, 2009.
"Changing the probability versus changing the reward,"
Experimental Economics, Springer;Economic Science Association, vol. 12(4), pages 367-385, December.
- David M. Bruner, 2009. "Changing the Probability versus Changing the Reward," Working Papers 09-04, Department of Economics, Appalachian State University.
- Narat Charupat & Richard Deaves & Travis Derouin & Marcelo Klotzle & Peter Miu, 2013. "Emotional balance and probability weighting," Theory and Decision, Springer, vol. 75(1), pages 17-41, July.
- George Wu & Alex B. Markle, 2008. "An Empirical Test of Gain-Loss Separability in Prospect Theory," Management Science, INFORMS, vol. 54(7), pages 1322-1335, July.
- Géraldine Bocquého & Julien Jacob & Marielle Brunette, 2020.
"Prospect theory in experiments : behaviour in loss domain and framing effects,"
Working Papers
hal-02987294, HAL.
- Géraldine Bocquého & Julien Jacob & Marielle Brunette, 2020. "Prospect theory in experiments: behaviour in loss domain and framing effects," Working Papers of BETA 2020-44, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Narges Hajimoladarvish, 2017. "Very Low Probabilities in the Loss Domain," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 42(1), pages 41-58, March.
- Ayako Suzuki & Koichi Kume, 2008. "Aging, Probability Weighting, and Reference Point Adoption: An Experimental Study," ISER Discussion Paper 0720, Institute of Social and Economic Research, Osaka University.
- Booij, Adam S. & van de Kuilen, Gijs, 2009. "A parameter-free analysis of the utility of money for the general population under prospect theory," Journal of Economic Psychology, Elsevier, vol. 30(4), pages 651-666, August.
- Géraldine Bocquého & Julien Jacob & Marielle Brunette, 2023. "Prospect theory in multiple price list experiments: further insights on behaviour in the loss domain," Theory and Decision, Springer, vol. 94(4), pages 593-636, May.
- Araujo, A. & Gama, J. & Suarez, C.E., 2022. "Lack of prevalence of the endowment effect: An equilibrium analysis," Journal of Mathematical Economics, Elsevier, vol. 102(C).
- van Ours, Jan C. & Williams, Jenny & Ward, Shannon, 2015.
"Bad Behavior: Delinquency, Arrest and Early School Leaving,"
CEPR Discussion Papers
10755, C.E.P.R. Discussion Papers.
- Ward, Shannon & Williams, J. & van Ours, Jan, 2015. "Bad Behavior : Delinquency, Arrest and Early School Leaving," Discussion Paper 2015-040, Tilburg University, Center for Economic Research.
- Ward, Shannon & Williams, J. & van Ours, Jan, 2015. "Bad Behavior : Delinquency, Arrest and Early School Leaving," Other publications TiSEM bd8e95d4-717e-42a0-982e-0, Tilburg University, School of Economics and Management.
- Ward, Shannon & Williams, Jenny & van Ours, Jan C., 2015. "Bad Behavior: Delinquency, Arrest and Early School Leaving," IZA Discussion Papers 9248, Institute of Labor Economics (IZA).
- Menusch Khadjavi, 2018.
"Deterrence works for criminals,"
European Journal of Law and Economics, Springer, vol. 46(1), pages 165-178, August.
- Khadjavi, Menusch, 2014. "Deterrence works for criminals," Kiel Working Papers 1938, Kiel Institute for the World Economy (IfW Kiel).
- Khadjavi, Menusch, 2018. "Deterrence Works for Criminals," Open Access Publications from Kiel Institute for the World Economy 234046, Kiel Institute for the World Economy (IfW Kiel).
- Simone Cerreia‐Vioglio & David Dillenberger & Pietro Ortoleva, 2015.
"Cautious Expected Utility and the Certainty Effect,"
Econometrica, Econometric Society, vol. 83, pages 693-728, March.
- Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva, 2013. "Cautious Expected Utility and the Certainty Effect," PIER Working Paper Archive 13-037, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva, 2014. "Cautious Expected Utility and the Certainty Effect," PIER Working Paper Archive 14-005, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Simone Cerreia-Vioglio & David Dillenberger & Pietro ortoleva, 2013. "Cautious Expected Utility and the Certainty Effect," Working Papers 488, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Tomas Bonavia & Josué Brox-Ponce, 2018. "Shame in decision making under risk conditions: Understanding the effect of transparency," PLOS ONE, Public Library of Science, vol. 13(2), pages 1-16, February.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:riskan:v:33:y:2013:i:11:p:2013-2022. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1111/(ISSN)1539-6924 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.