Publication

Risk Aversion in Laboratory Asset Markets

Peter Bossaerts
2008
Book Chapters

Abstract

We review the use of behavior from television game shows to infer risk attitudes. These shows provide evidence when contestants are making decisions over very large stakes, and in a replicated, structured way. Inferences are generally confounded by the subjective assessment of skill in some games, and the dynamic nature of the task in most games. We consider the game shows Card Sharks, Jeopardy!, Lingo, and finally Deal Or No Deal. We provide a detailed case study of the analyses of Deal Or No Deal, since it is suitable for inference about risk attitudes and has attracted considerable attention.

Official source

https://infoscience.epfl.ch/entities/publication/9e5b3dec-ca4a-442b-99db-458c5e71610a

About this result

This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.

Graph Chat

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

Risk Aversion in Laboratory Asset Markets

Chat with Graph Search

Using automated design appraisal to model building-specific devaluation risk due to land-use change

Quartiers rhodaniens en transition

On the Generalization of Stochastic Gradient Descent with Momentum