It´s Not My Money: An Experiment on Risk Aversion and the House-money Effect
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More about this item
KeywordsHouse-money effect; risk aversion; prospect theory; economic experiment; external validity.;
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2010-03-06 (All new papers)
- NEP-CBE-2010-03-06 (Cognitive & Behavioural Economics)
- NEP-EXP-2010-03-06 (Experimental Economics)
- NEP-HPE-2010-03-06 (History & Philosophy of Economics)
- NEP-UPT-2010-03-06 (Utility Models & Prospect Theory)
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