FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1987788491> ?p ?o ?g. }

• W1987788491 endingPage "1399" @default.
• W1987788491 startingPage "1348" @default.
• W1987788491 abstract "We employ a novel data set to estimate a structural econometric model of the decisions under risk of players in a game show where lotteries present payoffs in excess of half a million dollars. The decisions under risk of players in the presence of large payoffs allow us to estimate the parameters of the curvature of the von Neumann–Morgenstern utility function—not only locally, as in previous studies in the literature, but also globally. Our estimates of relative risk aversion indicate that a constant relative risk aversion parameter of about 1 captures the average of the sample population. We also find that individuals are practically risk neutral at small stakes and risk averse at large stakes—a necessary condition, according to Rabin’s calibration theorem, for expected utility to provide a unified account of individuals’ attitudes toward risk. Finally, we show that for lotteries characterized by substantial stakes, nonexpected utility theories fit the data equally as well as expected utility theory." @default.
• W1987788491 created "2016-06-24" @default.
• W1987788491 creator A5079158335 @default.
• W1987788491 creator A5088803982 @default.
• W1987788491 date "2012-08-08" @default.
• W1987788491 modified "2023-10-16" @default.
• W1987788491 title "RISK AVERSION AND EXPECTED UTILITY THEORY: AN EXPERIMENT WITH LARGE AND SMALL STAKES" @default.
• W1987788491 cites W1830719945 @default.
• W1987788491 cites W1967158866 @default.
• W1987788491 cites W1989005086 @default.
• W1987788491 cites W2001833896 @default.
• W1987788491 cites W2010081256 @default.
• W1987788491 cites W2041946752 @default.
• W1987788491 cites W2042223112 @default.
• W1987788491 cites W2042695214 @default.
• W1987788491 cites W2055080565 @default.
• W1987788491 cites W2069134289 @default.
• W1987788491 cites W2099288949 @default.
• W1987788491 cites W2120892989 @default.
• W1987788491 cites W2132254499 @default.
• W1987788491 cites W2132369486 @default.
• W1987788491 cites W2135650040 @default.
• W1987788491 cites W2155666388 @default.
• W1987788491 cites W2207556858 @default.
• W1987788491 cites W2333311386 @default.
• W1987788491 cites W3011865677 @default.
• W1987788491 cites W3022853033 @default.
• W1987788491 cites W3121288025 @default.
• W1987788491 cites W3121891545 @default.
• W1987788491 cites W3122534813 @default.
• W1987788491 cites W3122760232 @default.
• W1987788491 cites W3122800357 @default.
• W1987788491 cites W3123497570 @default.
• W1987788491 cites W3124404638 @default.
• W1987788491 cites W3124992686 @default.
• W1987788491 cites W3125353710 @default.
• W1987788491 cites W3126066606 @default.
• W1987788491 cites W3126126759 @default.
• W1987788491 cites W4237832401 @default.
• W1987788491 cites W4251446432 @default.
• W1987788491 doi "https://doi.org/10.1111/j.1542-4774.2012.01086.x" @default.
• W1987788491 hasPublicationYear "2012" @default.
• W1987788491 type Work @default.
• W1987788491 sameAs 1987788491 @default.
• W1987788491 citedByCount "83" @default.
• W1987788491 countsByYear W19877884912012 @default.
• W1987788491 countsByYear W19877884912013 @default.
• W1987788491 countsByYear W19877884912014 @default.
• W1987788491 countsByYear W19877884912015 @default.
• W1987788491 countsByYear W19877884912016 @default.
• W1987788491 countsByYear W19877884912017 @default.
• W1987788491 countsByYear W19877884912018 @default.
• W1987788491 countsByYear W19877884912019 @default.
• W1987788491 countsByYear W19877884912020 @default.
• W1987788491 countsByYear W19877884912021 @default.
• W1987788491 countsByYear W19877884912022 @default.
• W1987788491 countsByYear W19877884912023 @default.
• W1987788491 crossrefType "journal-article" @default.
• W1987788491 hasAuthorship W1987788491A5079158335 @default.
• W1987788491 hasAuthorship W1987788491A5088803982 @default.
• W1987788491 hasConcept C124999997 @default.
• W1987788491 hasConcept C129915516 @default.
• W1987788491 hasConcept C136028653 @default.
• W1987788491 hasConcept C144237770 @default.
• W1987788491 hasConcept C149782125 @default.
• W1987788491 hasConcept C162324750 @default.
• W1987788491 hasConcept C177264268 @default.
• W1987788491 hasConcept C185592680 @default.
• W1987788491 hasConcept C198531522 @default.
• W1987788491 hasConcept C199360897 @default.
• W1987788491 hasConcept C205706631 @default.
• W1987788491 hasConcept C2777027219 @default.
• W1987788491 hasConcept C41008148 @default.
• W1987788491 hasConcept C43617362 @default.
• W1987788491 hasConceptScore W1987788491C124999997 @default.
• W1987788491 hasConceptScore W1987788491C129915516 @default.
• W1987788491 hasConceptScore W1987788491C136028653 @default.
• W1987788491 hasConceptScore W1987788491C144237770 @default.
• W1987788491 hasConceptScore W1987788491C149782125 @default.
• W1987788491 hasConceptScore W1987788491C162324750 @default.
• W1987788491 hasConceptScore W1987788491C177264268 @default.
• W1987788491 hasConceptScore W1987788491C185592680 @default.
• W1987788491 hasConceptScore W1987788491C198531522 @default.
• W1987788491 hasConceptScore W1987788491C199360897 @default.
• W1987788491 hasConceptScore W1987788491C205706631 @default.
• W1987788491 hasConceptScore W1987788491C2777027219 @default.
• W1987788491 hasConceptScore W1987788491C41008148 @default.
• W1987788491 hasConceptScore W1987788491C43617362 @default.
• W1987788491 hasIssue "6" @default.
• W1987788491 hasLocation W19877884911 @default.
• W1987788491 hasOpenAccess W1987788491 @default.
• W1987788491 hasPrimaryLocation W19877884911 @default.
• W1987788491 hasRelatedWork W1586726553 @default.
• W1987788491 hasRelatedWork W183380527 @default.
• W1987788491 hasRelatedWork W1917804069 @default.
• W1987788491 hasRelatedWork W1974830029 @default.
• W1987788491 hasRelatedWork W201319147 @default.
• W1987788491 hasRelatedWork W2103205470 @default.

• next