Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/98436 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
Jena Economic Research Papers No. 2013-046
Verlag: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Zusammenfassung: 
In the last decades, there has been a large volume of research showing that emotions do have relevant effects on decision-making. We contribute to this literature by experimentally investigating the impact of four specific emotional states - joviality, sadness, fear, and anger - on risk attitudes. In order to do so, we fit two models of behaviour under risk: the Expected Utility model (EU) and the Rank Dependent Expected Utility model (RDEU), assuming several functional forms of the weighting function. Our results indicate that all emotional states instigate risk-seeking behaviour. Furthermore, we show that there are some differences across gender and across participants´ experience in lab experiments.
Schlagwörter: 
emotions
risk aversion
structural models
JEL: 
D81
C91
D00
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
717.75 kB





Publikationen in EconStor sind urheberrechtlich geschützt.