It´s Not My Money: An Experiment on Risk Aversion and the House-money Effect
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Cited by:
- Brice Corgnet & Roberto Hernán González & Praveen Kujal & David Porter, 2013.
"The Effect of Earned vs. House Money on Price Bubble Formation in Experimental Asset Markets,"
Working Papers
13-04, Chapman University, Economic Science Institute.
- Corgnet, Brice & Hernán, Roberto & Porter, David, 2013. "The effect of earned vs. house money on price bubble formation in experimental asset markets," UC3M Working papers. Economics we1304, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Mickael Beaud & Marc Willinger, 2015. "Are People Risk Vulnerable?," Management Science, INFORMS, vol. 61(3), pages 624-636, March.
- Danková, Katarína & Servátka, Maroš, 2015.
"The house money effect and negative reciprocity,"
Journal of Economic Psychology, Elsevier, vol. 48(C), pages 60-71.
- Katarína Danková & Maroš Servátka, 2014. "The House Money Effect and Negative Reciprocity," Working Papers in Economics 14/06, University of Canterbury, Department of Economics and Finance.
- Katarína Danková & Maroš Servátka, 2014. "The House Money Effect and Negative Reciprocity," Working Papers in Economics 14/32, University of Canterbury, Department of Economics and Finance, revised 05 Dec 2014.
- Christoph Bühren & Thorben C. Kundt, 2013. "Worker or Shirker – Who Evades More Taxes? A Real Effort Experiment," MAGKS Papers on Economics 201326, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Yu Yvette Zhang & Rodolfo M Nayga Jr. & Dinah Pura T Depositario, 2019. "Learning and the possibility of losing own money reduce overbidding: Delayed payment in experimental auctions," PLOS ONE, Public Library of Science, vol. 14(5), pages 1-19, May.
- Daniel Alfredo Revollo-Fernandez & Alonso Aguilar-Ibarra, 2014. "Measures of risk associated to regulations compliance: a laboratory experiment on the use of common-pool resources," Journal of Risk Research, Taylor & Francis Journals, vol. 17(7), pages 903-921, August.
- Daniel Houser & Erte Xiao, 2015. "House money effects on trust and reciprocity," Public Choice, Springer, vol. 163(1), pages 187-199, April.
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More about this item
Keywords
House-money effect; risk aversion; prospect theory; economic experiment; external validity.;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBE-2010-03-06 (Cognitive and Behavioural Economics)
- NEP-EXP-2010-03-06 (Experimental Economics)
- NEP-HPE-2010-03-06 (History and Philosophy of Economics)
- NEP-UPT-2010-03-06 (Utility Models and Prospect Theory)
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