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  1. Gender, Financial Risk, and Probability Weights.Helga Fehr-Duda, Manuele Gennaro & Renate Schubert - 2006 - Theory and Decision 60 (2-3):283-313.
    Women are commonly stereotyped as more risk averse than men in financial decision making. In this paper we examine whether this stereotype reflects gender differences in actual risk-taking behavior by means of a laboratory experiment with monetary incentives. Gender differences in risk taking may be due to differences in valuations of outcomes or in probability weights. The results of our experiment indicate that value functions do not differ significantly between men and women. Men and women differ in their probability weighting (...)
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  • Risk aversion and incentive effects.Charles Holt & Susan Laury - 2002 - American Economic Review 92 (5):1644–55.
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  • Prospect Theory: An Analysis of Decision Under Risk.D. Kahneman & A. Tversky - 1979 - Econometrica: Journal of the Econometric Society:263--291.
    The following values have no corresponding Zotero field: PB - JSTOR.
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  • Subjective Probability Weighting and the Discovered Preference Hypothesis.Gijs van de Kuilen - 2009 - Theory and Decision 67 (1):1-22.
    Numerous studies have convincingly shown that prospect theory can better describe risky choice behavior than the classical expected utility model because it makes the plausible assumption that risk aversion is driven not only by the degree of sensitivity toward outcomes, but also by the degree of sensitivity toward probabilities. This article presents the results of an experiment aimed at testing whether agents become more sensitive toward probabilities over time when they repeatedly face similar decisions, receive feedback on the consequences of (...)
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  • Gender, Financial Risk, and Probability Weights.Helga Fehr-Duda, Manuele de Gennaro & Renate Schubert - 2006 - Theory and Decision 60 (2-3):283-313.
    Women are commonly stereotyped as more risk averse than men in financial decision making. In this paper we examine whether this stereotype reflects gender differences in actual risk-taking behavior by means of a laboratory experiment with monetary incentives. Gender differences in risk taking may be due to differences in valuations of outcomes or in probability weights. The results of our experiment indicate that value functions do not differ significantly between men and women. Men and women differ in their probability weighting (...)
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  • Stability of risk preference measures: results from a field experiment on French farmers.Arnaud Reynaud & Stéphane Couture - 2012 - Theory and Decision 73 (2):203-221.
    We compare two different elicitation methods for measuring risk attitudes on a sample of French farmers. We consider the lottery tasks initially proposed by Holt and Laury (Econ Rev 92:1644–1655, 2002) and by Eckel and Grossman (Evol Hum Behav 23:281–295, 2002; J Econ Behav Org 68:1–7, 2008). The main empirical result from this within-subject study is that risk preference measures are affected by the type of mechanism used. We first show that this risk preference instability can be related to non-expected (...)
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  • Developments in non-expected utility theory: The hunt for a descriptive theory of choice under risk.Chris Starmer - 2000 - Journal of Economic Literature 38 (2):332–82.
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  • Le comportement de l’homme rationnel devant le risque: critique des postulats et axiomes de l’école américaine.Maurice Allais - 1953 - Econometrica:503–46.
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  • Risk aversion elicitation: reconciling tractability and bias minimization. [REVIEW]Mohammed Abdellaoui, Ahmed Driouchi & Olivier L’Haridon - 2011 - Theory and Decision 71 (1):63-80.
    Risk attitude is known to be a key determinant of various economic and financial choices. Behavioral studies that aim to evaluate the role of risk attitudes in contexts of this type, therefore, require tools for measuring individual risk tolerance. Recent developments in decision theory provide such tools. However, the methods available can be time consuming. As a result, some practitioners might have an incentive to prefer “fast and frugal” methods to clean but more costly methods. In this article, we focus (...)
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  • The probability weighting function.Drazen Prelec - 1998 - Econometrica 66 (3):497–527.
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  • Subjective Probability Weighting and the Discovered Preference Hypothesis.Gijs Kuilen - 2009 - Theory and Decision 67 (1):1-22.
    Numerous studies have convincingly shown that prospect theory can better describe risky choice behavior than the classical expected utility model because it makes the plausible assumption that risk aversion is driven not only by the degree of sensitivity toward outcomes, but also by the degree of sensitivity toward probabilities. This article presents the results of an experiment aimed at testing whether agents become more sensitive toward probabilities over time when they repeatedly face similar decisions, receive feedback on the consequences of (...)
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