The binary lottery procedure does not induce risk neutrality in the Holt-Laury and Eckel-Grossman tasks
We test whether the binary lottery procedure makes subjects behave as if they are risk neutral in the Holt-Laury and Eckel-Grossman tasks. Depending on the task we find that at most a third of subjects behave as if risk neutral. In fact, when we compare the distribution of choices we find no signifi...
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| Main Authors: | , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Heidelberg
Universität
May 2019
|
| Series: | Discussion paper series / University of Heidelberg, Department of Economics
no. 663 |
| In: |
Discussion paper series (no. 663)
|
| DOI: | 10.11588/heidok.00026438 |
| Subjects: | |
| Online Access: | Resolving-System, Volltext: https://doi.org/10.11588/heidok.00026438 Verlag, kostenfrei, Volltext: http://archiv.ub.uni-heidelberg.de/volltextserver/26438/ Resolving-System, kostenfrei: http://hdl.handle.net/10419/207638 Resolving-System, kostenfrei, Volltext: https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-264389 
|
| Author Notes: | Jörg Oechssler and Andis Sofianos |
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