Testing for prudence and skewness seeking
Numerous theoretical predictions such as precautionary saving or preventive behavior have been derived for prudent decision makers. Further, prudence can be characterized as downside risk aversion and plays a key role in preference for skewness. We use a simple experimental method to test for pruden...
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| Main Authors: | , |
|---|---|
| Format: | Article (Journal) |
| Language: | English |
| Published: |
July 1, 2011
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| In: |
Management science
Year: 2011, Volume: 57, Issue: 7, Pages: 1334-1349 |
| ISSN: | 1526-5501 |
| DOI: | 10.1287/mnsc.1110.1354 |
| Online Access: | Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1287/mnsc.1110.1354 Verlag, lizenzpflichtig, Volltext: http://www.redi-bw.de/db/ebsco.php/search.ebscohost.com/login.aspx%3fdirect%3dtrue%26db%3dbuh%26AN%3d62820460%26lang%3dde%26site%3deds-live |
| Author Notes: | Sebastian Ebert, Daniel Wiesen |
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