Zobrazeno 1 - 10
of 47
pro vyhledávání: '"Morten I. Lau"'
Publikováno v:
Journal of gambling studies, 2020, Vol.36(3), pp.1133-1159 [Peer Reviewed Journal]
This accepted manuscript includes the technical appendices. We examine the manner in which the population prevalence of disordered gambling has usually been estimated, on the basis of surveys that suffer from a potential sample selection bias. Genera
Publikováno v:
Review of economics and statistics, 2020, Vol.102(3), pp.552-568 [Peer Reviewed Journal]
We evaluate the temporal stability of risk preferences using a remarkable data set that combines sociodemographic information from the Danish Civil Registry with information on risk attitudes from a longitudinal field experiment. Our econometric mode
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::283ef2010cfb57c18efd2f6d3db75ab8
http://dro.dur.ac.uk/28071/2/28071.pdf
http://dro.dur.ac.uk/28071/2/28071.pdf
Autor:
Vjollca Sadiraj, E. Elisabet Rutström, James C. Cox, Morten I. Lau, Glenn W. Harrison, Steffen Andersen
Publikováno v:
Review of Economics and Statistics. 100(5):816-830
Measures of risk attitudes derived from experiments are often questioned because they are based on small stakes bets and do not account for the extent to which the decision-maker integrates the prizes of the experimental tasks with personal wealth. W
Publikováno v:
International economic review, 2018, Vol.59(2), pp.537-555 [Peer Reviewed Journal]
Convenient assumptions about qualitative properties of the intertemporal utility function have generated counter-intuitive implications for the relationship between atemporal risk aversion and the intertemporal elasticity of substitution. If the inte
Publikováno v:
SSRN Electronic Journal.
We evaluate the hypothesis of temporal stability in risk preferences using two recent data sets from longitudinal lab experiments. Both experiments included a combination of decision tasks that allows one to identify a full set of structural paramete
Publikováno v:
SSRN Electronic Journal.
The reflection effect and fourfold pattern of risk attitudes are often thought to be stylized facts about decision making under risk in lab settings. We take a closer look at this received wisdom, using 5 existing data sets from pairwise lottery choi
Publikováno v:
Journal of risk and uncertainty, 2015, Vol.50(1), pp.35-54 [Peer Reviewed Journal]
A large literature suggests that many individuals do not apply Bayes’ Rule when making decisions that depend on them correctly pooling prior information and sample data. We replicate and extend a classic experimental study of Bayesian updating from
Publikováno v:
Economics letters, 2017, Vol.160, pp.24-28 [Peer Reviewed Journal]
Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible levels of risk aversion over large stakes under certain assumptions. One core assumption in statements of this calibration puzzle is that small-stakes ri
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c3b8bc60fea6e4c8093c700a973ca2e6
https://hdl.handle.net/10468/5216
https://hdl.handle.net/10468/5216
Publikováno v:
Journal of gambling studies, 2018, Vol.34(1), pp.225-253 [Peer Reviewed Journal]
We study Danish adult gambling behavior with an emphasis on discovering patterns relevant to public health forecasting and economic welfare assessment of policy. Methodological innovations include measurement of formative in addition to reflective co
Publikováno v:
European economic review, 2014, Vol.71, pp.15-33 [Peer Reviewed Journal]
We re-evaluate the theory, experimental design and econometrics behind claims that individuals exhibit non-constant discounting behavior. Theory points to the importance of controlling for the non-linearity of the utility function of individuals, sin