Delayed risk in individual and social decisions

This paper studies temporal-distance effects on individual and social risks, testing Construal Level Theory. We elicit WTPs for risky and ambiguous lotteries and vary the timing (immediately vs. in two weeks) when the uncertainty is resolved. Subjects have lower WTPs for longshots than for safer lot...

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Hauptverfasser: Özgümüs, Asri (VerfasserIn) , Rau, Holger A. (VerfasserIn) , Trautmann, Stefan T. (VerfasserIn)
Dokumenttyp: Article (Journal)
Sprache:Englisch
Veröffentlicht: June 2024
In: Journal of economic psychology
Year: 2024, Jahrgang: 102, Pages: 1-12
ISSN:0167-4870
DOI:10.1016/j.joep.2024.102710
Schlagworte:
Online-Zugang:Verlag, lizenzpflichtig: https://www.sciencedirect.com/science/article/pii/S0167487024000187/pdfft?md5=9f0252232bfd97855271cd5ca355529b&pid=1-s2.0-S0167487024000187-main.pdf
Resolving-System, lizenzpflichtig: https://doi.org/10.1016/j.joep.2024.102710
Volltext
Verfasserangaben:Asri Özgümüs, Holger A. Rau, Stefan T. Trautmann

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