Betting Your Favorite to Win: Costly Reluctance to Hedge Desired Outcomes
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DOI: 10.1287/mnsc.2016.2656
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- Kwabena Donkor & Lorenz Götte & Maximilian W. Müller & Eugen Dimant & Michael Kurschilgen, 2023. "Identity and Economic Incentives," CESifo Working Paper Series 10860, CESifo.
- Shimon Kogan & Florian H. Schneider & Roberto A. Weber, 2021.
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- Shimon Kogan & Florian H. Schneider & Roberto A. Weber, 2021. "Self-Serving Biases in Beliefs about Collective Outcomes," CESifo Working Paper Series 8975, CESifo.
- Alex B. Markle & Yuval Rottenstreich, 2018. "Simultaneous Preferences for Hedging and Doubling Down: Focal Prospects, Background Positions, and Nonconsequentialist Conceptualizations of Uncertainty," Management Science, INFORMS, vol. 64(12), pages 5946-5959, December.
- Steven D. Baker & Burton Hollifield & Emilio Osambela, 2022. "Asset Prices and Portfolios with Externalities [Pricedetermination in the EU ETS market: theory and econometric analysis with market fundamentals]," Review of Finance, European Finance Association, vol. 26(6), pages 1433-1468.
- Arne Feddersen & Brad R. Humphreys & Brian P. Soebbing, 2020. "Casual bettors and sentiment bias in NBA and NFL betting," Applied Economics, Taylor & Francis Journals, vol. 52(53), pages 5797-5806, November.
- Adam Brandenburger & Paolo Ghirardato & Daniele Pennesi & Lorenzo Stanca, 2024. "Event Valence and Subjective Probability," Carlo Alberto Notebooks 717 JEL Classification: D, Collegio Carlo Alberto.
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Keywords
hedging; self-signaling; risk; identity; emotions;All these keywords.
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