Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/238228 
Erscheinungsjahr: 
2020
Schriftenreihe/Nr.: 
Working Papers in Economics and Statistics No. 2020-04
Verlag: 
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon), Innsbruck
Zusammenfassung: 
Risk-taking may depend on whether risks result from an action (active risk-taking) or from not taking action (passive risk-taking). We develop a new experimental risk-elicitation procedure, the Dynamic Lottery Adjustment Task, and employ it across two separate experiments to study the size and direction of potential mode-of-choice effects (i.e. differences in risk-taking between active and passive decision modes). While our tightly controlled lab study provides little evidence for such effects, we find substantial evidence for mode-of-choice effects when decisions are spread out over 10 days and attention costs are a key feature of the online choice environment we use.
Schlagwörter: 
risk-taking
mode-of-choice
status quo effect
omission bias
JEL: 
D81
D91
C91
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
4 MB





Publikationen in EconStor sind urheberrechtlich geschützt.