An Experimental Test for Risk Aversion

An Experimental Test for Risk Aversion PDF Author: Glenn W. Harrison
Publisher:
ISBN: 9780868396842
Category : Profit
Languages : en
Pages : 9

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Book Description

An Experimental Test for Risk Aversion

An Experimental Test for Risk Aversion PDF Author: Glenn W. Harrison
Publisher:
ISBN: 9780868396842
Category : Profit
Languages : en
Pages : 9

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Book Description


Risk Aversion in Experiments

Risk Aversion in Experiments PDF Author: G.W. Harrison
Publisher: Emerald Group Publishing
ISBN: 1849505470
Category : Business & Economics
Languages : en
Pages : 449

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Book Description
Presents research utilizing laboratory experimental methods in economics.

An Experimental Test of the Effects of Risk Aversion Under Final Offer Arbitration

An Experimental Test of the Effects of Risk Aversion Under Final Offer Arbitration PDF Author: Todd Lee McCallister
Publisher:
ISBN:
Category : Arbitration and award
Languages : en
Pages : 286

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Book Description


Handbook of Experimental Economics Results

Handbook of Experimental Economics Results PDF Author: Charles R. Plott
Publisher: Elsevier
ISBN: 0444826424
Category : Business & Economics
Languages : en
Pages : 1175

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Book Description
While the field of economics makes sharp distinctions and produces precise theory, the work of experimental economics sometimes appears blurred and may produce uncertain results. The contributors to this volume have provided brief notes describing specific experimental results.

Handbook of the Economics of Risk and Uncertainty

Handbook of the Economics of Risk and Uncertainty PDF Author: Mark Machina
Publisher: Newnes
ISBN: 0444536868
Category : Business & Economics
Languages : en
Pages : 897

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Book Description
The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance Divides coverage between theoretical, empirical, and experimental findings Makes the economics of risk and uncertainty accessible to scholars in fields outside economics

An Empirical Test of the Risk Aversion Hypothesis

An Empirical Test of the Risk Aversion Hypothesis PDF Author: Appelbaum, Elie
Publisher: London, [Ont.] : Department of Economics, University of Western Ontario
ISBN: 9780771400773
Category : Production (Economic theory)
Languages : en
Pages : 20

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Book Description


Risk Preferences, Cognitive Ability and Personality

Risk Preferences, Cognitive Ability and Personality PDF Author: Yue Bao
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659486890
Category :
Languages : en
Pages : 180

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Book Description
Risk aversion is the reluctance of a subject who value a certain gain higher than a risky gain, when both have the same expected value, and loss aversion refers to the tendency for a subject dislike a loss more than they favor a gain of the same expected value. This book investigates whether Danes are in general risk and loss averse, and test whether risk and loss aversion are related to cognitive ability, certain personality traits, and some demographics. Key findings: 1) Risk and loss aversion is a realistic characterization of average subjects; 2) The likelihood of being risk averse is affected negatively by background variables such as high salary, high education, and high cognitive reflection ability. However, IQ scores are not significantly related to risk aversion; 3) The possibility of displaying a high degree of risk aversion increases with age; 4) The possibility of being loss averse decreases with increase in salary and age, and it seems no cognitive ability measure is correlated to loss aversion.

Handbook of the Fundamentals of Financial Decision Making

Handbook of the Fundamentals of Financial Decision Making PDF Author: Leonard C. MacLean
Publisher: World Scientific
ISBN: 9814417351
Category : Business & Economics
Languages : en
Pages : 941

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Book Description
This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).

It's Not My Money

It's Not My Money PDF Author: Juan Camilo Cárdenas Campo
Publisher:
ISBN:
Category :
Languages : en
Pages : 12

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Book Description


Exposure to Risk and Risk Aversion

Exposure to Risk and Risk Aversion PDF Author: Tai-sen He
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Book Description