EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Jena Economic Research Papers, MPI für Ökonomik >

Please use this identifier to cite or link to this item:
Title:Valuing a risky prospect less than its worst outcome: uncertainty effect or task ambiguity? PDF Logo
Authors:Ortmann, Andreas
Prokosheva, Alexandra
Rydval, Ondřej
Hertwig, Ralph
Issue Date:2007
Series/Report no.:Jena economic research papers 2007,038
Abstract:Gneezy, List and Wu [Q. J. Econ. 121 (2006) 1283-1309] document that lotteries are often valued less than the lotteries’ worst outcomes. We show how to undo this result.
Subjects:Risky choice
task ambiguity
subject confusion
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

Files in This Item:
File Description SizeFormat
547124317.PDF450.62 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.