Risk Aversion and Incentive Effects

Keywords

Incentive, Risk aversion (psychology), Economics, Business, Actuarial science

References

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• Daniel Bernoulli: Entwurf einer neuen Theorie zur Bewertung von Lotterien. “Specimen theoriae novae de mensura sortis”, Commentarii Academiae Scientiarum Imperialis Petropolitanae 1738, S. 175–192. Aus dem Lateinischen übersetztPeter Kruschwitz, Lutz Kruschwitz — 1996
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• Examining Risk Preferences under High Monetary Incentives: Experimental Evidence from the People's Republic of ChinaSteven J. Kachelmeier, Mohamed Shehata — 1992
• The Chilling Effect of Optimism: The Case of Final-Offer ArbitrationDavid L. Dickinson — 2006
• Risk Attitude and Market Behavior: Evidence from Experimental Asset MarketsGerlinde Fellner-Röhling, Boris Maciejovsky — 2007
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• REWARDS, EXPERIENCE AND DECISION COSTS IN FIRST PRICE AUCTIONSVernon L. Smith, James M. Walker — 1993
• Monetary Rewards and Decision Cost in Experimental Economics: An ExtensionVernon L. Smith, James M. Walker — 1993
• Overconfidence in investment decisions: An experimental approachDennis Alexis Valin Dittrich, Werner Güth, Boris Maciejovsky — 2005
• The Role of Potential Loss in the Influence of Affect on Risk-Taking BehaviorHal R. Arkes, Lisa Tandy Herren, Alice M. Isen — 1988
• Expo-Power Utility: A ‘Flexible’ Form for Absolute and Relative Risk AversionAtanu Saha — 1993
• In Honor of Matthew Rabin: Winner of the John Bates Clark MedalColin F. Camerer, Richard H. Thaler — 2003
• A model of noisy introspectionJacob K. Goeree, Charles A. Holt — 2004
• Just Who Are You Calling Risk Averse?R. Mark Isaac, Duncan James — 2000
• Nonlinear Behavior in Sealed Bid First Price AuctionsKay‐Yut Chen, Charles R. Plott — 1998
• Quantal Response Equilibrium and Overbidding in Private-Value AuctionsJacob K. Goeree, Charles A. Holt, Thomas R. Palfrey — 2002
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Cited by

• Social Centipedes: the Impact of Group Identity on Preferences and ReasoningJames Tremewan, Alexander K. Wagner — 2013
• Opting-In: Participation Biases in the LabRobert Slonim, Carmen Wang, Ellen Garbarino — 2012
• What Kind of Welfare State Do You Prefer? An Experiment on Framing the Social Insurance SchemeFrancesco Farina, Stefania Ottone, Ferruccio Ponzano — 2015
• Farmer Preferences for Abiotic Stress Tolerance in Hybrid versus Inbred Rice: Evidence from Bihar, IndiaPatrick S. Ward, David L. Ortega, David J. Spielman — 2013
• Theoretical and Empirical Essays on the Effects of Proposed and Existing Environmental PoliciesLuke R. Jones — 2011
• Behavioral determinants of home bias - theory and experimentDennis Dlugosch, Kristian Horn, Mei Wang — 2014
• The Virtue Ethics Hypothesis: Is there a nexus between virtues and well-being?Christian Koch — 2013
• Predicting health behaviors with an experimental measure of risk preference.Fernando Hornillos Urquiza — 2008
• Expectation and cooperation in prisoner’s dilemmas: The moderating role of game riskinessGary Ting Tat Ng, Wing Tung Au — 2016
• Confounding dynamic risk taking propensity with a momentum prognostic strategy: the case of the Columbia Card Task (CCT)真司 桂木, 昭子 木村, 裕子 中島 — 2015
• Ultimatum bargaining over losses and gains - An experimental comparison.Daniel Yépez Piedra — 2017
• Risk attitudes in medical decisions for others: An experimental approachSarah Miragoli, Paola Di Blasio — 2017
• Cornish-fisher distributions. Theory and financial applicationsUnai Ansejo Barra — 2007
• Tolerance to ambiguous uncertainty predicts prosocial behaviorDaniel Bogaty, Barry S. Kessler, Jorge D. Rios — 2018
• The Relation of Steroid Hormones and Personality Factors to Financial Performance and Risk-Taking BehaviorFernando Patterson — 2014
• THE IMPORTANCE OF INDIVIDUAL CHARACTERISTICS IN EXPERIMENTAL ECONOMIC RESEARCHJonas Fooken — 2013
• Small-scale Fishermen and Risk PreferencesHåkan Eggert, Razack Lokina — 2007
• Stereotypes and Madrassas: Experimental Evidence from PakistanAdeline Delavande, Basit Zafar — 2011
• EU Accession, NGOs, and Human Rights: Discrimination Against the Roma in Slovenia and CroatiaAna Bracic — 2013
• Endogenous Risk Perception, Geospatial Characteristics and Temporal Variation in Hurricane Evacuation BehaviorSubrina Tahsin — 2014

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