Range Effects and Lottery Pricing
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More about this item
KeywordsCertainty equivalent; experiment; stochastic; Becker-DeGroot-Marschak (BDM) method; elicitation procedure; range effects;
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- 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-2008-02-09 (All new papers)
- NEP-EXP-2008-02-09 (Experimental Economics)
- NEP-UPT-2008-02-09 (Utility Models & Prospect Theory)
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