Download or read book Measuring Individual Risk Attitudes in the Lab written by Jan-Erik Lönnqvist and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Individual Risk Attitudes in the Lab Task Or Ask written by Jan-Erik Lönnqvist and published by . This book was released on 2014 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Individual Risk Attitudes in the Lab Task Or Ask written by Jan-Erik Lönnqvist and published by . This book was released on 2014 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Can We Measure Individual Risk Attitudes in a Survey written by Xiaohao Ding and published by . This book was released on 2010 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Psychological Perspectives on Risk and Risk Analysis written by Martina Raue and published by Springer. This book was released on 2018-09-18 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative collection goes beyond economic statistics and probability data to offer a robust psychological understanding of risk perception and risk taking behavior. Expert contributors examine various risk domains in life, and pinpoint cognitive, emotional, and personality factors contributing to individual differences in risk taking as well as the many nuances social demographics (e.g., culture, gender) bring to risk decisions. Coverage takes competing theories and studies into account to identify mechanisms involved in processing and acting on uncertainty. And implications and applications are demonstrated in varied fields, from updated risk models for the insurance sector to improved risk communication in health services to considering risk perception in policy decisions. A sampling of the topics: Personality and risk: beyond daredevils—risk taking from a temperament perspective. Cognitive, developmental, and neurobiological aspects of risk judgments. The group effect: social influences on risk identification, analysis, and decision-making. Cognitive architectures as a scaffolding for risky choice models. Improving understanding of health-relevant numerical information. Risk culture as a framework for improving competence in risk management. Psychological Perspectives on Risk and Risk Analysis will be of great interest to researchers in and outside of psychology, including decision-making experts and behavioral economists. Additionally, this volume will appeal to practitioners who often have to make risky decisions, such as managers and physicians.
Download or read book Handbook of Experimental Finance written by Füllbrunn, Sascha and published by Edward Elgar Publishing. This book was released on 2022-10-13 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: With an in-depth overview of the past, present and future of the field, The Handbook of Experimental Finance provides a comprehensive analysis of the current topics, methodologies, findings, and breakthroughs in research conducted with the help of experimental finance methodology. Leading experts suggest innovative ways of designing, implementing, analyzing, and interpreting finance experiments.
Download or read book Bringing a Natural Experiment Into the Laboratory written by Zuzana Brokesova and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Individual Risk Attitudes written by Thomas Johannes Dohmen and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Can we measure individual risk attitudes in a survey written by Xiaohao Ding and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Investigation of the Measurement of Individual Risk Attitudes written by John R. Winter and published by . This book was released on 1985 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two direct elicitation of utility (D.E.U.) techniques were used to estimate risk attitudes of a group of agricultural producers. The two elicitation techniques used in the study were 1) an error-in-response model using a modified Ramsey method, and 2) stochastic dominance with respect to a function (SDF). The primary objective of the study was to determine whether the two elicitation techniques yield consistent estimates of risk attitudes. A second major objective of the study was to provide additional information about the distribution of risk attitudes among agricultural producers. The study confirmed the results of other research efforts that the majority of risk attitude parameters of agricultural producers lie within the range -.0001 and .001 with income measured in dollars [King and Robison, 1980]. The study also supports previous research results which indicate that a significant portion of decision makers exhibit risk preferring behavior, at least over some ranges of incomes. The error-in-response model classified 38.1% of the respondents as risk preferring, 47.6% as risk neutral, and 14.3% as risk averse. With only one exception, the SDF technique elicited risk preferring attitudes for every respondent over some range of income values. Individual and aggregate tests for decreasing (increasing) absolute risk aversion were conducted. No respondents were found to exhibit increasing or decreasing absolute risk aversion. The statistical comparison of the two elicitation techniques was inconclusive. A paired t-test failed to reject the null hypothesis of no difference in the estimated risk attitudes. However, the correlation between the two measures was virtually zero ( -.046) suggesting that the two measures of risk attitudes are not closely related. The two elicitation techniques were also compared on other grounds. Both elicitation techniques are designed to prevent certainty bias that has plagued other D.E.U. methods. The SDF technique is found to be superior in overcoming possible interviewer bias. Neither technique is superior in coping with probability bias. The SDF technique is easier to implement but the error-in- response questionnaire is easier to formulate. The error-in- response model results in a specific estimate of the respondent's risk attitude when the negative exponential utility function is used. Based on the comparisons made in the study, the SDF procedure is considered to be superior to the error-in-response model for eliciting risk attitudes.
Download or read book Individual Risk Attitudes written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks on an 11-point scale, we find evidence of heterogeneity across individuals, and show that willingness to take risks is negatively related to age and being female, and positively related to parental education and height. We test the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a representative sample of 450 subjects, and find that the measure is a good predictor of actual risk-taking behavior. We use a more standard lottery question to measure risk preference, and find similar results regarding heterogeneity and determinants of risk preferences. We also estimate the coefficient of relative risk aversion for each individual in the sample based on lottery responses. Using five questions about willingness to take risks in specific domains -- car driving, financial matters, sports and leisure, career, and health -- the paper studies the impact of context on risk attitudes, finding a strong but imperfect correlation across contexts. Using data on a collection of risky behaviors from different contexts, including traffic offenses, portfolio choice, smoking, occupational choice, participation in sports, and migration, the paper compares the predictive power of all of the risk measures. Strikingly, the general risk question predicts all behaviors whereas the standard lottery measure does not. The best overall predictor for any specific behavior is typically the corresponding context-specific measure. These findings call into the question the current preoccupation with lottery measures of risk preference, and point to variation in risk perceptions as an understudied determinant of risky behavior"--Forschungsinstitut zur Zukunft der Arbeit web site.
Download or read book Individual Risk Attitudes written by and published by . This book was released on 2006 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cross Border Collaboration in Disaster Management written by Klein, Miriam Isabelle and published by KIT Scientific Publishing. This book was released on 2022-11-07 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, disaster events spreading across national borders have increased, which requires improved collaboration between countries. By means of an agent-based simulation and an empirical study, this thesis provides valuable insights for decision-makers in order to overcome barriers in cross-border cooperation and thus, enhance borderland resilience for future events. Finally, implications for today's world in terms of globalization versus emerging nationalism are discussed.
Download or read book The Handbook of Experimental Economics written by John H. Kagel and published by Princeton University Press. This book was released on 2016-09-20 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indispensable survey of new developments and results in experimental economics When The Handbook of Experimental Economics first came out in 1995, the notion of economists conducting lab experiments to generate data was relatively new. Since then, the field has exploded. This second volume of the Handbook covers some of the most exciting new growth areas in experimental economics, presents the latest results and experimental methods, and identifies promising new directions for future research. Featuring contributions by leading practitioners, the Handbook describes experiments in macroeconomics, charitable giving, neuroeconomics, other-regarding preferences, market design, political economy, subject population effects, gender effects, auctions, and learning and the economics of small decisions. Contributors focus on key developments and report on experiments, highlighting the dialogue between experimenters and theorists. While most of the experiments consist of laboratory studies, the book also includes several chapters that report extensively on field experiments related to the subject area studied. Covers exciting new growth areas in experimental economics Features contributions by leading experts Describes experiments in macroeconomics, charitable giving, neuroeconomics, market design, political economy, gender effects, auctions, and more Highlights the dialogue by experimenters with theorists and each other Includes several chapters covering field experiments related to the subject area studied
Download or read book Clinical Handbook of ADHD Assessment and Treatment Across the Lifespan written by Johnny L. Matson and published by Springer Nature. This book was released on 2023-12-23 with total page 655 pages. Available in PDF, EPUB and Kindle. Book excerpt: The handbook examines the latest research and clinical advancements in assessing and treating ADHD (attention deficit hyperactivity disorder) across the lifespan. It synthesizes the most current research data and trends combined with best-practice interventions to form a comprehensive, state-of-the-art resource. The handbook identifies the most relevant, effective treatments for individuals with ADHD. Key areas of coverage include: Core symptoms of ADHD in minority children. Lifestyles for children with ADHD. Digital interventions for children and adolescents with ADHD. Telemedicine to manage ADHD across the lifespan. Healthcare use and costs for adults with ADHD. The Clinical Handbook of ADHD Assessment and Treatment Across the Lifespan is an essential reference for researchers, professors, and graduate students as well as clinicians and other professionals across such interrelated disciplines as clinical child, school, and developmental psychology, child and adolescent psychiatry, social work, rehabilitation medicine/therapy, pediatrics, and special education.
Download or read book Measuring Risk Attitudes Controlling for Personality Traits written by Cary A. Deck and published by . This book was released on 2008 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study measures risk attitudes using two paid experiments: the Holt and Laury (2002) procedure and a variation of the game show Deal or No Deal. The participants also completed a series of personality questionnaires developed in the psychology literature including the risk domains of Weber, Blais, and Betz (2002). As in previous studies risk attitudes vary within subjects across elicitation methods. However, this variation can be partially explained by individual personality traits. Specifically, subjects behave as though the Holt and Laury task is an investment decision while the Deal or No Deal task is a gambling decision.
Download or read book Towards a Refined Understanding of Social Trust T R U S T written by Frank Krueger and published by Frontiers Media SA. This book was released on 2020-10-12 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eBook is a collection of articles from a Frontiers Research Topic. Frontiers Research Topics are very popular trademarks of the Frontiers Journals Series: they are collections of at least ten articles, all centered on a particular subject. With their unique mix of varied contributions from Original Research to Review Articles, Frontiers Research Topics unify the most influential researchers, the latest key findings and historical advances in a hot research area! Find out more on how to host your own Frontiers Research Topic or contribute to one as an author by contacting the Frontiers Editorial Office: frontiersin.org/about/contact.
