On correlated lotteries in economic applications
Economic models and experiments frequently use lotteries with only a few outcomes. We study the correlation of such lotteries and discuss its relevance for economic applications. In particular, we fully characterize the joint distribution of two binary lotteries via their first three univariate mome...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article (Journal) |
| Language: | English |
| Published: |
November 2023
|
| In: |
Journal of economic behavior & organization
Year: 2023, Volume: 215, Pages: 292-306 |
| ISSN: | 1879-1751 |
| DOI: | 10.1016/j.jebo.2023.08.025 |
| Online Access: | Verlag, kostenfrei, Volltext: https://doi.org/10.1016/j.jebo.2023.08.025 Verlag, lizenzpflichtig, Volltext: https://www.sciencedirect.com/science/article/pii/S0167268123003153 |
| Author Notes: | Markus Dertwinkel-Kalt, Sebastian Ebert, Mats Köster |
Search Result 1
Search Result 2
On correlated lotteries in economic applications
SSRN October 11, 2022
Article (Journal)
Book/Monograph
Online Resource