create a website

Individual-level loss aversion in riskless and risky choices. (2022). Gächter, Simon ; Gchter, Simon ; Herrmann, Andreas ; Johnson, Eric J.
In: Theory and Decision.
RePEc:kap:theord:v:92:y:2022:i:3:d:10.1007_s11238-021-09839-8.

Full description at Econpapers || Download paper

Cited: 6

Citations received by this document

Cites: 101

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Experience-based risk taking is primarily shaped by prior learning rather than by decision-making. (2025). Salman, Mayan ; Eizenstien, Lior ; Eliav, Shimon ; Eldar, Eran ; Erdman, Alon ; Gouwy, Arne ; Sananes, Gal.
    In: Nature Communications.
    RePEc:nat:natcom:v:16:y:2025:i:1:d:10.1038_s41467-025-61609-0.

    Full description at Econpapers || Download paper

  2. Loss aversion is not robust: A re-meta-analysis. (2025). Zeif, Dana ; Yechiam, Eldad.
    In: Journal of Economic Psychology.
    RePEc:eee:joepsy:v:107:y:2025:i:c:s0167487025000133.

    Full description at Econpapers || Download paper

  3. Price expectations and reference-dependent preferences. (2025). Cheung, Stephen ; Rutledge, Robert M ; Alladi, Vinayak.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:231:y:2025:i:c:s0167268125000472.

    Full description at Econpapers || Download paper

  4. Financial incentives for delaying the public pension claiming age. (2025). Nakashima, Kunio ; Kitamura, Tomoki.
    In: Journal of Behavioral and Experimental Finance.
    RePEc:eee:beexfi:v:45:y:2025:i:c:s2214635024001242.

    Full description at Econpapers || Download paper

  5. A Dynamic Theory of Random Price Discounts. (2025). Garrett, Daniel F ; Dilm, Francesc.
    In: CRC TR 224 Discussion Paper Series.
    RePEc:bon:boncrc:crctr224_2025_688.

    Full description at Econpapers || Download paper

  6. The roles of selection and practice in mitigating negative responses to high-powered incentives. (2024). Macera, Rosario.
    In: Experimental Economics.
    RePEc:kap:expeco:v:27:y:2024:i:5:d:10.1007_s10683-024-09841-1.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Abdellaoui, M. (2000). Parameter-free elicitation of utilities and probability weighting functions. Management Science, 46, 1497–1512.
    Paper not yet in RePEc: Add citation now
  2. Abdellaoui, M., Bleichrodt, H., & L’haridon, O. (2008). A tractable method to measure utility and loss aversion under prospect theory. Journal of Risk and Uncertainty, 36, 245–266.

  3. Abdellaoui, M., Bleichrodt, H., & Paraschiv, C. (2007). Loss aversion under prospect theory: a parameter-free measurement. Management Science, 53, 1659–1674.

  4. Agarwal, S., Driscoll, J. C., Gabaix, X., & Laibson, D. I. (2009). The age of reason: financial decisions over the lifecycle. Brookings Papers on Economic Activity, 2009, 51–117.
    Paper not yet in RePEc: Add citation now
  5. Apicella, C. L., Azevedo, E. M., Fowler, J. H., & Christakis, N. A. (2014). Evolutionary origins of the endowment effect: evidence from hunter-gatherers. American Economic Review, 104, 1793.

  6. Baillon, A., Bleichrodt, H., & Spinu, V. (2020). Searching for the reference point. Management Science, 66, 93–112.

  7. Bateman, I., Kahneman, D., Munro, A., Starmer, C., & Sugden, R. (2005). Testing competing models of loss aversion: an adversarial collaboration. Journal of Public Economics, 89, 1561–1580.

  8. Bateman, I., Munro, A., Rhodes, B., Starmer, C., & Sugden, R. (1997). A test of the theory of reference-dependent preferences. Quarterly Journal of Economics, 112, 479–505.

  9. Becker, G. M., Degroot, M. H., & Marschak, J. (1964). Measuring utility by a single-response sequential method. Behavioral Science, 9, 226–232.
    Paper not yet in RePEc: Add citation now
  10. Benartzi, S., & Thaler, R. H. (1995). Myopic loss aversion and the equity premium puzzle. Quarterly Journal of Economics, 110, 73–92.

  11. Bibby, P. A., & Ferguson, E. (2011). The ability to process emotional information predicts loss aversion. Personality and Individual Differences, 51, 263–266.
    Paper not yet in RePEc: Add citation now
  12. Bleichrodt, H., & Pinto, J. L. (2000). A parameter-free elicitation of the probability weighting function in medical decision analysis. Management Science, 46, 1485–1496.

  13. Bleichrodt, H., & Pinto, J. L. (2002). Loss aversion and scale compatibility in two-attribute trade-offs. Journal of Mathematical Psychology, 46, 315–337.
    Paper not yet in RePEc: Add citation now
  14. Bleichrodt, H., Abellan-Perpiñan, J. M., Pinto-Prades, J. L., & Mendez-Martinez, I. (2007). Resolving inconsistencies in utility measurement under risk: tests of generalizations of expected utility. Management Science, 53, 469–482.

  15. Booij, A. S., & Van De Kuilen, G. (2009). A parameter-free analysis of the utility of money for the general population under prospect theory. Journal of Economic Psychology, 30, 651–666.

  16. Bowman, D., Minehart, D., & Rabin, M. (1999). Loss aversion in a consumption-savings model. Journal of Economic Behavior & Organization, 38, 155–178.

  17. Bruhin, A., Fehr-Duda, H., & Epper, T. (2010). Risk and rationality: uncovering heterogeneity in probability distortion. Econometrica, 78, 1375–1412.

  18. Cachon, G. P., & Camerer, C. F. (1996). Loss-avoidance and forward induction in experimental coordination games. Quarterly Journal of Economics, 111, 165–194.

  19. Camerer, C. F. (2004). Prospect theory in the wild: evidence from the field. In C. F. Camerer, G. Loewenstein, & M. Rabin (Eds.) Advances in behavioral economics. Princeton University Press.
    Paper not yet in RePEc: Add citation now
  20. Camerer, C. F., Babcock, L., Loewenstein, G., & Thaler, R. H. (1997). Labor supply of New York City cabdrivers: one day at a time. Quarterly Journal of Economics, 112, 407–441.

  21. Carmon, Z., & Ariely, D. (2000). Focusing on the forgone: how value can appear so different to buyers and sellers. Journal of Consumer Research, 27, 360–370.

  22. Chapman, J., Dean, M., Ortoleva, P., Snowberg, E., & Camerer, C. (2017). Willingness to pay and willingness to accept are probably less correlated than you think. NBER Working Paper Series # 23954.

  23. Chen, M. K., Lakshminarayanan, V., & Santos, L. R. (2006). How basic are behavioral biases? Evidence from Capuchin monkey trading behavior. Journal of Political Economy, 114, 517–537.

  24. Crosetto, P., & Filippin, A. (2016). A theoretical and experimental appraisal of four risk elicitation methods. Experimental Economics, 19, 613–641.

  25. Cubitt, R. P., Starmer, C., & Sugden, R. (1998). On the validity of the random lottery incentive system. Experimental Economics, 1, 115–131.

  26. De Martino, B., Kumaran, D., Holt, B., & Dolan, R. J. (2009). The neurobiology of reference-dependent value computation. The Journal of Neuroscience, 29, 3833–3842.
    Paper not yet in RePEc: Add citation now
  27. Dohmen, T., Falk, A., Huffman, D., Sunde, U., Schupp, J., & Wagner, G. G. (2011). Individual risk attitudes: measurement, determinants, and behavioral consequences. Journal of the European Economic Association, 9, 522–550.

  28. Einiö, M., Kaustia, M., & Puttonen, V. (2008). Price setting and the reluctance to realize losses in apartment markets. Journal of Economic Psychology, 29, 19–34.

  29. Eisenberger, R., & Weber, M. (1995). Willingness-to-pay and willingness-to-accept for risky and ambiguous lotteries. Journal of Risk and Uncertainty, 10, 223–233.

  30. Ericson, K. M. M., & Fuster, A. (2014). The endowment effect. Annual Review of Economics, 6, 555–579.

  31. Ert, E., & Erev, I. (2013). On the descriptive value of loss aversion in decisions under risk: six clarifications. Judgment and Decision Making, 8, 214–235.

  32. Fehr-Duda, H., De Gennaro, M., & Schubert, R. (2006). Gender, financial risks, and probability weights. Theory and Decision, 60, 283–313.

  33. Fehr, E., & Goette, L. (2007). Do workers work more if wages are high? Evidence from a randomized field experiment. American Economic Review, 97, 298–317.

  34. Freund, C., & Ozden, C. (2008). Trade policy and loss aversion. American Economic Review, 98, 1675–1691.

  35. Gal, D. (2006). A psychological law of inertia and the illusion of loss aversion. Judgment and Decision Making, 1, 23–32.

  36. Gal, D. (2018). Why the most important idea in behavioral decision-making is a fallacy. Scientific American, 29, 52–54.
    Paper not yet in RePEc: Add citation now
  37. Gal, D., & Rucker, D. D. (2018). The loss of loss aversion: will it loom larger than its gain? Journal of Consumer Psychology, 28, 497–516.
    Paper not yet in RePEc: Add citation now
  38. Genesove, D., & Mayer, C. (2001). Loss aversion and seller behavior: evidence from the housing market. Quarterly Journal of Economics, 116, 1233–1260.

  39. Goette, L., Huffman, D., & Fehr, E. (2004). Loss aversion and labor supply. Journal of the European Economic Association, 2, 216–228.

  40. Haigh, M. S., & List, J. A. (2005). Do professional traders exhibit myopic loss aversion? An experimental analysis. Journal of Finance, 60, 523–534.

  41. Harbaugh, W., Krause, K., & Vesterlund, L. (2001). Are adults better behaved than children? Age, experience, and the endowment effect. Economics Letters, 70, 175–181.

  42. Hardie, B. G. S., Johnson, E. J., & Fader, P. S. (1993). Modeling loss aversion and reference dependence effects on brand choice. Marketing Science, 12, 378–394.

  43. Harless, D. W. (1989). More laboratory evidence on the disparity between willingness to pay and compensation demanded. Journal of Economic Behavior & Organization, 11, 359–379.

  44. Harrison, G., & Rutström, E. (2009). Expected utility theory and prospect theory: one wedding and a decent funeral. Experimental Economics, 12, 133–158.

  45. He, P., Veronesi, M., & Engel, S. (2018). Consistency of risk preference measures: an artefactual field experiment from rural China. The Journal of Development Studies, 54, 1955–1973.

  46. Heidhues, P., & Koszegi, B. (2008). Competition and price variation when consumers are loss averse. American Economic Review, 98, 1245–1268.

  47. Horowitz, J. K., & McConnell, K. E. (2002). A review of WTA/WTP studies. Journal of Environmental Economics and Management, 44, 426–447.

  48. Huck, S., Kirchsteiger, G., & Oechssler, J. (2005). Learning to like what you have—explaining the endowment effect. The Economic Journal, 115, 689–702.

  49. Isoni, A., Loomes, G., & Sugden, R. (2011). The willingness to pay–willingness to accept gap, the “endowment effect,” subject misconceptions, and experimental procedures for eliciting valuations: comment. American Economic Review, 101, 991–1011.

  50. Jachimowicz, J. M., Duncan, S., Weber, E. U., & Johnson, E. J. (2019). When and why defaults influence decisions: a meta-analysis of default effects. Behavioural Public Policy, 3, 159–186.

  51. Johnson, E. J., & Goldstein, D. (2003). Do defaults save lives? Science, 302, 1338–1339.
    Paper not yet in RePEc: Add citation now
  52. Johnson, E. J., & Schkade, D. A. (1989). Bias in utility assessments—further evidence and explanations. Management Science, 35, 406–424.

  53. Johnson, E. J., Haeubl, G., & Keinan, A. (2007). Aspects of endowment: a query theory of value construction. Journal of Experimental Psychology - Learning Memory and Cognition, 33, 461–747.
    Paper not yet in RePEc: Add citation now
  54. Kachelmeier, S. J., & Shehata, M. (1992). Examining risk preferences under high monetary incentives—experimental evidence from the People’s Republic of China. American Economic Review, 82, 1120–1141.

  55. Kahneman, D., & Tversky, A. (1979). Prospect theory—analysis of decision under risk. Econometrica, 47, 263–291.

  56. Kahneman, D., Knetsch, J. L., & Thaler, R. H. (1990). Experimental tests of the endowment effect and the Coase theorem. Journal of Political Economy, 98, 1325–1348.

  57. Kahneman, D., Knetsch, J. L., & Thaler, R. H. H. (1991). Anomalies—the endowment effect, loss aversion, and status-quo bias. Journal of Economic Perspectives, 5, 193–206.

  58. Knetsch, J. L. (1989). The endowment effect and evidence of nonreversible indifference curves. American Economic Review, 79, 1277–1284.

  59. Köbberling, V., & Wakker, P. P. (2005). An index of loss aversion. Journal of Economic Theory, 122, 119–131.

  60. Köszegi, B., & Rabin, M. (2006). A model of reference-dependent preferences. Quarterly Journal of Economics, 121, 1133–1165.

  61. Kovalchik, S., Camerer, C. F., Grether, D. M., Plott, C. R., & Allman, J. M. (2005). Aging and decision making: A comparison between neurologically healthy elderly and young individuals. Journal of Economic Behavior & Organization, 58, 79–94.

  62. Li, Y., Baldassi, M., Johnson, E. J., & Weber, E. U. (2013). Complementary cognitive capabilities, economic decision making, and aging. Psychology and Aging, 28, 595–613.
    Paper not yet in RePEc: Add citation now
  63. Li, Y., Gao, J., Enkavi, A. Z., Zaval, L., Weber, E. U., & Johnson, E. J. (2015). Sound credit scores and financial decisions despite cognitive aging. Proceedings of the National Academy of Sciences, 112, 65–69.
    Paper not yet in RePEc: Add citation now
  64. Lichtenstein, S., & Slovic, P. (2006). The construction of preference. Cambridge University Press.
    Paper not yet in RePEc: Add citation now
  65. List, J. A. (2003). Does market experience eliminate market anomalies? Quarterly Journal of Economics, 118, 41–71.

  66. Loewenstein, G., & Adler, D. (1995). A bias in the prediction of tastes. Economic Journal, 105, 929–937.

  67. Morewedge, C. K., & Giblin, C. E. (2015). Explanations of the endowment effect: an integrative review. Trends in Cognitive Sciences, 19, 339–348.
    Paper not yet in RePEc: Add citation now
  68. Mrkva, K., Johnson, E. J., Gächter, S., & Herrmann, A. (2020). Moderating loss aversion: loss aversion has moderators, but reports of its death are greatly exaggerated. Journal of Consumer Psychology, 30, 407–428.
    Paper not yet in RePEc: Add citation now
  69. Novemsky, N., & Kahneman, D. (2005). The boundaries of loss aversion. Journal of Marketing Research, 42, 119–128.
    Paper not yet in RePEc: Add citation now
  70. O'Donoghue, T., & Sprenger, C. (2018). Chapter 1—reference-dependent preferences. In B. D. Bernheim, S. DellaVigna, & D. Laibson (Eds.) Handbook of behavioral economics: applications and foundations 1.
    Paper not yet in RePEc: Add citation now
  71. Odean, T. (1998). Are investors reluctant to realize their losses? Journal of Finance, 53, 1775–1798.

  72. Plott, C. R., & Zeiler, K. (2005). The willingness to pay-willingness to accept gap, the “endowment effect,” subject misconceptions, and experimental procedures for eliciting valuations. American Economic Review, 95, 530–545.

  73. Plott, C. R., & Zeiler, K. (2011). The willingness to pay–willingness to accept gap, the “endowment effect,” subject misconceptions, and experimental procedures for eliciting valuations: reply. American Economic Review, 101, 1012–1028.
    Paper not yet in RePEc: Add citation now
  74. Prelec, D. (1998). The probability weighting function. Econometrica, 66, 497–527.

  75. Rabin, M. (2000). Risk aversion and expected-utility theory: a calibration theorem. Econometrica, 68, 1281–1293.

  76. Rabin, M., & Weizsäcker, G. (2009). Narrow bracketing and dominated choice. American Economic Review, 99, 1508–1543.

  77. Read, D., Loewenstein, G., & Rabin, M. (1999). Choice bracketing. Journal of Risk and Uncertainty, 19, 171–197.
    Paper not yet in RePEc: Add citation now
  78. Rozin, P., & Royzman, E. B. (2001). Negativity bias, negativity dominance, and contagion. Personality and Social Psychology Review, 5, 296–320.
    Paper not yet in RePEc: Add citation now
  79. Salthouse, T. A. (2004). What and when of cognitive aging. Current Directions in Psychological Science, 13, 140–144.
    Paper not yet in RePEc: Add citation now
  80. Samuelson, W., & Zeckhauser, R. (1988). Status quo bias in decision making. Journal of Risk and Uncertainty, 1, 7–59.

  81. Sayman, S., & Onculer, A. (2005). Effects of study design characteristics on the WTA–WTP disparity: a meta analytical framework. Journal of Economic Psychology, 26, 289–312.
    Paper not yet in RePEc: Add citation now
  82. Schmidt, U., & Zank, H. (2005). What is loss aversion? Journal of Risk and Uncertainty, 30, 157–167.

  83. Schmidt, U., Starmer, C., & Sugden, R. (2008). Third-generation prospect theory. Journal of Risk and Uncertainty, 36, 203–223.

  84. Sheng, F., Ramakrishnan, A., Seok, D., Zhao, W. J., Thelaus, S., Cen, P., & Platt, M. L. (2020). Decomposing loss aversion from gaze allocation and pupil dilation. Proceedings of the National Academy of Sciences, 117, 11356–11363.
    Paper not yet in RePEc: Add citation now
  85. Sokol-Hessner, P., Hsu, M., Curley, N. G., Delgado, M. R., Camerer, C. F., & Phelps, E. A. (2009). Thinking like a trader selectively reduces individuals’ loss aversion. Proceedings of the National Academy of Sciences, 106, 5035–5040.
    Paper not yet in RePEc: Add citation now
  86. Starmer, C. (2000). Developments in non-expected utility theory: the hunt for a descriptive theory of choice under risk. Journal of Economic Literature, 38, 332–382.

  87. Sugden, R. (2003). Reference-dependent subjective expected utility. Journal of Economic Theory, 111, 172–191.

  88. Tom, S. M., Fox, C. R., Trepel, C., & Poldrack, R. A. (2007). The neural basis of loss aversion in decision-making under risk. Science, 315, 515–518.
    Paper not yet in RePEc: Add citation now
  89. Tovar, P. (2009). The effects of loss aversion on trade policy: theory and evidence. Journal of International Economics, 78, 154–167.

  90. Tunçel, T., & Hammitt, J. K. (2014). A new meta-analysis on the wtp/wta disparity. Journal of Environmental Economics and Management, 68, 175–187.

  91. Tversky, A., & Kahneman, D. (1991). Loss aversion in riskless choice—a reference-dependent model. Quarterly Journal of Economics, 106, 1039–1061.

  92. Tversky, A., & Kahneman, D. (1992). Advances in prospect-theory—cumulative representation of uncertainty. Journal of Risk and Uncertainty, 5, 297–323.

  93. Tversky, A., Sattath, S., & Slovic, P. (1988). Contingent weighting in judgment and choice. Psychological Review, 95, 371–384.
    Paper not yet in RePEc: Add citation now
  94. Wakker, P. P. (2005). Formalizing reference dependence and initial wealth in Rabin's calibration theorem. Working Paper, Econometric Institute, Erasmus University, Rotterdam, The Netherlands. http://people.few.eur.nl/wakker/pdf/calibcsocty05.pdf .
    Paper not yet in RePEc: Add citation now
  95. Wakker, P. P. (2008). Explaining the characteristics of the power (CRRA) utility function. Health Economics, 17(1329), 1344.

  96. Wakker, P. P. (2010). Prospect theory: for risk and ambiguity. Cambridge University Press.
    Paper not yet in RePEc: Add citation now
  97. Wang, M., Rieger, M. O., & Hens, T. (2017). The impact of culture on loss aversion. Journal of Behavioral Decision Making, 30, 270–281.
    Paper not yet in RePEc: Add citation now
  98. Weaver, R., & Frederick, S. (2012). A reference price theory of the endowment effect. Journal of Marketing Research, 49, 696–707.
    Paper not yet in RePEc: Add citation now
  99. Weber, E. U., & Johnson, E. J. (2006). Constructing preferences from memories. In The construction of preferences, ed. S. Lichtenstein, & P. Slovic. Cambridge University Press.
    Paper not yet in RePEc: Add citation now
  100. Weber, E. U., Blais, A.-R., & Betz, N. E. (2002). A domain-specific risk-attitude scale: measuring risk perceptions and risk behaviors. Journal of Behavioral Decision Making, 15, 263–290.
    Paper not yet in RePEc: Add citation now
  101. Yechiam, E. (2019). Acceptable losses: the debatable origins of loss aversion. Psychological Research Psychologische Forschung, 83, 1327–1339.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Estimating sign-dependent societal preferences for quality of life. (2015). pinto-prades, jose-luis ; L'Haridon, Olivier ; Brouwer, Werner ; Attema, Arthur ; Lharidon, Olivier.
    In: Journal of Health Economics.
    RePEc:eee:jhecon:v:43:y:2015:i:c:p:229-243.

    Full description at Econpapers || Download paper

  2. Do People Anticipate Loss Aversion?. (2015). Samek, Anya ; Imas, Alex ; Sadoff, Sally.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_5277.

    Full description at Econpapers || Download paper

  3. Tax Compliance and Loss Aversion. (2015). Ohlsson, Henry ; Nordblom, Katarina ; Engström, Per ; Engstrom, Per ; Persson, Annika .
    In: American Economic Journal: Economic Policy.
    RePEc:aea:aejpol:v:7:y:2015:i:4:p:132-64.

    Full description at Econpapers || Download paper

  4. A short-but-efficient test for overconfidence and prospect theory. Experimental validation. (2014). Antelo, Manel ; Peon, David ; Calvo, Anxo.
    In: MPRA Paper.
    RePEc:pra:mprapa:54135.

    Full description at Econpapers || Download paper

  5. Prospect theory and the “forgotten” fourfold pattern of risk preferences. (2014). Scholten, Marc ; Read, Daniel.
    In: Journal of Risk and Uncertainty.
    RePEc:kap:jrisku:v:48:y:2014:i:1:p:67-83.

    Full description at Econpapers || Download paper

  6. Risk taking of executives under different incentive contracts: Experimental evidence. (2014). Vieider, Ferdinand ; Lefebvre, Mathieu.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:97:y:2014:i:c:p:27-36.

    Full description at Econpapers || Download paper

  7. Learning under ambiguity: An experiment using initial public offerings on a stock market. (2013). L'Haridon, Olivier ; Bleichrodt, Han ; Baillon, Aurelien ; Keskin, Umut ; Li, Author-Name Chen .
    In: Economics Working Paper Archive (University of Rennes & University of Caen).
    RePEc:tut:cremwp:201331.

    Full description at Econpapers || Download paper

  8. Variation in risk seeking behavior following large losses: A natural experiment. (2013). Torgler, Benno ; Page, Lionel ; Savage, David A..
    In: QuBE Working Papers.
    RePEc:qut:qubewp:wp007.

    Full description at Econpapers || Download paper

  9. The Role of Emotions on Risk Aversion: A prospect theory experiment. (2013). Campos-Vazquez, Raymundo ; Cuilty, Emilio .
    In: MPRA Paper.
    RePEc:pra:mprapa:48280.

    Full description at Econpapers || Download paper

  10. Reining in excessive risk-taking by executives: the effect of accountability. (2013). Vieider, Ferdinand ; Lefebvre, Mathieu.
    In: Theory and Decision.
    RePEc:kap:theord:v:75:y:2013:i:4:p:497-517.

    Full description at Econpapers || Download paper

  11. On the descriptive value of loss aversion in decisions under risk: Six clarifications. (2013). Ert, Eyal ; Erev, Ido.
    In: Judgment and Decision Making.
    RePEc:jdm:journl:v:8:y:2013:i:3:p:214-235.

    Full description at Econpapers || Download paper

  12. The role of emotions on risk aversion: a prospect theory experiment. (2013). Campos-Vazquez, Raymundo ; Cuilty, Emilio .
    In: Serie documentos de trabajo del Centro de Estudios Económicos.
    RePEc:emx:ceedoc:2013-05.

    Full description at Econpapers || Download paper

  13. Using Preferred Outcome Distributions to Estimate Value and Probability Weighting Functions in Decisions under Risk. (2013). Goldstein, Daniel ; Donkers, Bas ; dellaert, benedict ; Lourenço, C. J. S., ; Dellaert, B. G. C., .
    In: ERIM Report Series Research in Management.
    RePEc:ems:eureri:39958.

    Full description at Econpapers || Download paper

  14. Prospect Theory for joint time and money consequences in risk and ambiguity. (2013). Kemel, Emmanuel ; Paraschiv, Corina.
    In: Transportation Research Part B: Methodological.
    RePEc:eee:transb:v:56:y:2013:i:c:p:81-95.

    Full description at Econpapers || Download paper

  15. Prospect theory in the health domain: A quantitative assessment. (2013). L'Haridon, Olivier ; Brouwer, Werner ; Attema, Arthur ; Lharidon, Olivier ; Brouwer, Werner B. F., .
    In: Journal of Health Economics.
    RePEc:eee:jhecon:v:32:y:2013:i:6:p:1057-1065.

    Full description at Econpapers || Download paper

  16. Can prospect theory be used to predict an investor’s willingness to pay?. (2013). Langer, Thomas ; Erner, Carsten ; Klos, Alexander.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:6:p:1960-1973.

    Full description at Econpapers || Download paper

  17. Reversal and magnitude effects in long-term time preferences: Results from a field experiment. (2013). Reynaud, Arnaud ; Jacquet, Florence ; Bocquého, Géraldine ; Bocqueho, Geraldine.
    In: Economics Letters.
    RePEc:eee:ecolet:v:120:y:2013:i:1:p:108-111.

    Full description at Econpapers || Download paper

  18. Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural Disaster. (2012). Torgler, Benno ; Page, Lionel ; Savage, David.
    In: NCER Working Paper Series.
    RePEc:qut:auncer:2012_6.

    Full description at Econpapers || Download paper

  19. Integration-segregation decisions under general value functions: Create your own bundle €” choose 1, 2, or all 3!. (2012). Wong, Wing-Keung ; Massoni, Sébastien ; Zitikis, Ri Ardas ; Egozcue, Martin.
    In: Documents de travail du Centre d'Economie de la Sorbonne.
    RePEc:mse:cesdoc:12057.

    Full description at Econpapers || Download paper

  20. Measuring the time stability of Prospect Theory preferences. (2012). Langer, Thomas ; Zeisberger, Stefan ; Vrecko, Dennis .
    In: Theory and Decision.
    RePEc:kap:theord:v:72:y:2012:i:3:p:359-386.

    Full description at Econpapers || Download paper

  21. A genuine foundation for prospect theory. (2012). Schmidt, Ulrich ; Zank, Horst.
    In: Journal of Risk and Uncertainty.
    RePEc:kap:jrisku:v:45:y:2012:i:2:p:97-113.

    Full description at Econpapers || Download paper

  22. Aggregating imprecise or conflicting beliefs: An experimental investigation using modern ambiguity theories. (2012). Wakker, Peter ; Baillon, Aurelien ; Cabantous, Laure.
    In: Journal of Risk and Uncertainty.
    RePEc:kap:jrisku:v:44:y:2012:i:2:p:115-147.

    Full description at Econpapers || Download paper

  23. Integration-segregation decisions under general value functions : Create your own bundle -- choose 1, 2, or all 3 !. (2012). Wong, Wing-Keung ; Massoni, Sébastien ; Zitikis, Ri Ardas ; Egozcue, Martin.
    In: Post-Print.
    RePEc:hal:journl:halshs-00747008.

    Full description at Econpapers || Download paper

  24. Integration-segregation decisions under general value functions : Create your own bundle -- choose 1, 2, or all 3 !. (2012). Wong, Wing-Keung ; Massoni, Sébastien.
    In: Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers).
    RePEc:hal:cesptp:halshs-00747008.

    Full description at Econpapers || Download paper

  25. Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural Disaster. (2012). Torgler, Benno ; Page, Lionel ; Savage, David.
    In: Working Papers.
    RePEc:fem:femwpa:2012.54.

    Full description at Econpapers || Download paper

  26. Decision making under time pressure, modeled in a prospect theory framework. (2012). Wu, Eric ; Young, Diana L. ; Hall, Daniel B. ; Goodie, Adam S..
    In: Organizational Behavior and Human Decision Processes.
    RePEc:eee:jobhdp:v:118:y:2012:i:2:p:179-188.

    Full description at Econpapers || Download paper

  27. Moderate stake variations for risk and uncertainty, gains and losses: Methodological implications for comparative studies. (2012). Vieider, Ferdinand.
    In: Economics Letters.
    RePEc:eee:ecolet:v:117:y:2012:i:3:p:718-721.

    Full description at Econpapers || Download paper

  28. Culture, caution, and trust. (2012). McDermott, John ; Bass, Janice ; Breuer, Janice Boucher.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:97:y:2012:i:1:p:15-23.

    Full description at Econpapers || Download paper

  29. Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural Disaster. (2012). Torgler, Benno ; Page, Lionel ; Savage, David A..
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_3878.

    Full description at Econpapers || Download paper

  30. What is the actual shape of perception utility?. (2011). Kontek, Krzysztof.
    In: MPRA Paper.
    RePEc:pra:mprapa:31715.

    Full description at Econpapers || Download paper

  31. The ratio bias phenomenon: fact or artifact?. (2011). Villeval, Marie Claire ; Vieider, Ferdinand ; Lefebvre, Mathieu.
    In: Theory and Decision.
    RePEc:kap:theord:v:71:y:2011:i:4:p:615-641.

    Full description at Econpapers || Download paper

  32. Risk aversion elicitation: reconciling tractability and bias minimization. (2011). L'Haridon, Olivier ; Abdellaoui, Mohammed ; Lharidon, Olivier.
    In: Theory and Decision.
    RePEc:kap:theord:v:71:y:2011:i:1:p:63-80.

    Full description at Econpapers || Download paper

  33. Monetary incentives in the loss domain and behavior toward risk: An experimental comparison of three reward schemes including real losses. (2011). L'Haridon, Olivier ; ETCHART-VINCENT, Nathalie ; Lharidon, Olivier.
    In: Journal of Risk and Uncertainty.
    RePEc:kap:jrisku:v:42:y:2011:i:1:p:61-83.

    Full description at Econpapers || Download paper

  34. Loss evasion and tax aversion. (2011). Ohlsson, Henry ; Nordblom, Katarina ; Engström, Per ; Engstrom, Per ; Persson, Annika .
    In: Working Paper Series.
    RePEc:hhs:uunewp:2011_017.

    Full description at Econpapers || Download paper

  35. Loss evasion and tax aversion. (2011). Ohlsson, Henry ; Nordblom, Katarina ; Engström, Per ; Engstrom, Per ; Persson, Annika .
    In: Working Paper Series, Center for Fiscal Studies.
    RePEc:hhs:uufswp:2011_011.

    Full description at Econpapers || Download paper

  36. Loss evasion and tax aversion. (2011). Ohlsson, Henry ; Nordblom, Katarina ; Engström, Per ; Engstrom, Per ; Persson, Annika .
    In: Working Papers in Economics.
    RePEc:hhs:gunwpe:0518.

    Full description at Econpapers || Download paper

  37. Monetary incentives in the loss domain and behavior toward risk: An experimental comparison of three reward schemes including real losses. (2011). L'Haridon, Olivier ; ETCHART-VINCENT, Nathalie.
    In: Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers).
    RePEc:hal:cesptp:hal-00742027.

    Full description at Econpapers || Download paper

  38. The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation. (2011). Wakker, Peter ; Placido, Laetitia ; Baillon, Aurelien ; Abdellaoui, Mohammed.
    In: American Economic Review.
    RePEc:aea:aecrev:v:101:y:2011:i:2:p:695-723.

    Full description at Econpapers || Download paper

  39. Endogenous Prospect Theory. (2010). Schmidt, Ulrich ; Zank, Horst.
    In: Open Access Publications from Kiel Institute for the World Economy.
    RePEc:zbw:ifwkie:37536.

    Full description at Econpapers || Download paper

  40. Why do investors sell losers? How adaptation to losses affects future capitulation decisions. (2010). Lucas, Andre ; Kräussl, Roman ; Kraussl, Roman ; Paas, Leo ; Lee, Carmen.
    In: CFS Working Paper Series.
    RePEc:zbw:cfswop:201023.

    Full description at Econpapers || Download paper

  41. Individual-level loss aversion in riskless and risky choices. (2010). Gächter, Simon ; Gaechter, Simon ; Johnson, Eric J. ; Herrmann, Andreas.
    In: Discussion Papers.
    RePEc:not:notcdx:2010-20.

    Full description at Econpapers || Download paper

  42. A parametric analysis of prospect theory’s functionals for the general population. (2010). Kuilen, Gijs ; Praag, Bernard ; Booij, Adam .
    In: Theory and Decision.
    RePEc:kap:theord:v:68:y:2010:i:1:p:115-148.

    Full description at Econpapers || Download paper

  43. Separating curvature and elevation: A parametric probability weighting function. (2010). L'Haridon, Olivier ; Abdellaoui, Mohammed ; Lharidon, Olivier ; Zank, Horst.
    In: Journal of Risk and Uncertainty.
    RePEc:kap:jrisku:v:41:y:2010:i:1:p:39-65.

    Full description at Econpapers || Download paper

  44. Incentive effects on risk attitude in small probability prospects. (2010). Villeval, Marie Claire ; Vieider, Ferdinand ; Lefebvre, Mathieu.
    In: Economics Letters.
    RePEc:eee:ecolet:v:109:y:2010:i:2:p:115-120.

    Full description at Econpapers || Download paper

  45. Individual-level loss aversion in riskless and risky choices. (2010). Johnson, Eric J. ; Herrmann, Andreas.
    In: Discussion Papers.
    RePEc:cdx:dpaper:2010-20.

    Full description at Econpapers || Download paper

  46. Probability weighting and the ‘level’ and ‘spacing’ of outcomes: An experimental study over losses. (2009). ETCHART-VINCENT, Nathalie.
    In: Journal of Risk and Uncertainty.
    RePEc:kap:jrisku:v:39:y:2009:i:1:p:45-63.

    Full description at Econpapers || Download paper

  47. A Parametric Analysis of Prospect Theorys Functionals for the General Population. (2009). van Praag, Bernard ; Kuilen, Gijs ; van de Kuilen, Gijs ; Booij, Adam S..
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp4117.

    Full description at Econpapers || Download paper

  48. A parameter-free analysis of the utility of money for the general population under prospect theory. (2009). Kuilen, Gijs ; van de Kuilen, Gijs ; Booij, Adam S..
    In: Journal of Economic Psychology.
    RePEc:eee:joepsy:v:30:y:2009:i:4:p:651-666.

    Full description at Econpapers || Download paper

  49. A Parametric Analysis of Prospect Theorys Functionals for the General Population. (2009). van Praag, Bernard ; Kuilen, Gijs ; van de Kuilen, Gijs ; Booij, Adam S..
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_2609.

    Full description at Econpapers || Download paper

  50. Eliciting decision weights by adapting de Finetti’s betting-odds method to prospect theory. (2007). Wakker, Peter ; Zeelenberg, Marcel ; Diecidue, Enrico.
    In: Journal of Risk and Uncertainty.
    RePEc:kap:jrisku:v:34:y:2007:i:3:p:179-199.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-01 13:31:07 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.