Testing alternative theories of financial decision making: an experimental study with lottery bonds
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- 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.
More about this item
KeywordsLottery bonds; optimal beliefs; probability distortion; risk aversion.;
- 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-2009-06-17 (All new papers)
- NEP-CBE-2009-06-17 (Cognitive & Behavioural Economics)
- NEP-EXP-2009-06-17 (Experimental Economics)
- NEP-UPT-2009-06-17 (Utility Models & Prospect Theory)
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