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How certain is the uncertainty effect?

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    SYSNO ASEP0339587
    Document TypeJ - Journal Article
    R&D Document TypeJournal Article
    Subsidiary JČlánek ve WOS
    TitleHow certain is the uncertainty effect?
    Author(s) Rydval, O. (CZ)
    Ortmann, A. (CZ)
    Prokosheva, Sasha (NHU-C)
    Hertwig, R. (CH)
    Source TitleExperimental Economics - ISSN 1386-4157
    Roč. 12, č. 4 (2009), s. 473-487
    Number of pages15 s.
    Languageeng - English
    CountryNL - Netherlands
    Keywordsdecision making under risk ; framing ; task ambiguity
    Subject RIVAH - Economics
    R&D ProjectsLC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS)
    CEZMSM0021620846 - NHU-C
    UT WOS000271399000006
    DOI10.1007/s10683-009-9224-x
    AnnotationWe replicate three tasks for which Gneezy, List and Wu (Q. J. Econ. 121(4):1283–1309, 2006) document the so-called uncertainty effect: People value a binary lottery over non-monetary outcomes less than other people value the lottery’s worse outcome. While the authors implement verbal lottery descriptions, we use a physical lottery format and also provide subjects with complete information about the goods they are to value.
    WorkplaceEconomics Institute - CERGE
    ContactTomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
    Year of Publishing2010
Number of the records: 1  

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