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When a risky prospect is valued more than its best possible outcome
16 references·1 citing·46 second hop
When a risky prospect is valued more than its best possible outcome (2012)When a risky prospect is valued more than…Risk Preferences Are Not Time Preferences (2012)Risk Preferences Are Not Time…The Willingness to Pay—Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations: Comment (2011)The Willingness to Pay—Willin…5 Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study (2009)5 Information Impact and Allo…z-Tree: Zurich toolbox for ready-made economic experiments (2007)z-Tree: Zurich toolbox for re…Experimental Auctions (2007)Experimental AuctionsExperimental auctions methods and applications in economic and marketing research (2007)Experimental auctions methods…The Uncertainty Effect: When a Risky Prospect is Valued Less than its Worst Possible Outcome (2006)The Uncertainty Effect: When …Economic Theory of Choice and the Preference Reversal Phenomenon (2006)Economic Theory of Choice and…The Willingness to Pay–Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations (2005)The Willingness to Pay–Willin…Risk Aversion and Incentive Effects: New Data without Order Effects (2005)Risk Aversion and Incentive E…Risk Aversion and Incentive Effects: Comment (2005)Risk Aversion and Incentive E…Risk Aversion and Incentive Effects (2002)Risk Aversion and Incentive E…Effects of Trait Competitiveness and Perceived Intraorganizational Competition on Salesperson Goal Setting and Performance (1998)Effects of Trait Competitiven…The preference reversal phenomenon: Response mode, markets and incentives (1996)The preference reversal pheno…Independent Private Value Auctions: Bidder Behaviour in First-, Second- and Third-Price Auctions with Varying Numbers of Bidders (1993)Independent Private Value Auc…Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study (1987)Information Impact and Alloca…Quantifying the Subjective Value of Certainty (2016)Quantifying the Subjective Va…Crime and Punishment: An Economic Approach (1968)Elimination by aspects: A theory of choice. (1972)Norm theory: Comparing reality to its alternatives. (1986)Prospect theory: An analysis of decision under risk (1988)How to make a decision: The analytic hierarchy process (1990)Investor Psychology and Asset Pricing (2001)A Theory of Social Comparison Processes (1954)Generalized expectancies for internal versus external control of reinforcement. (1966)Self-Efficacy: The Exercise of Control (1999)The Psychology of Rivalry: A Relationally Dependent Analysis of Competition (2010)The evolution and psychology of self-deception (2011)Hierarchical representations of the five-factor model of personality in predicting job performance: Integrating three organizing frameworks with two theoretical perspectives. (2013)COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS (1961)Statistical principles in experimental design. (1962)Resolving Differences in Willingness to Pay and Willingness to Accept: Reply (1994)Using Field Experiments to Test Equivalence Between Auction Formats: Magic on the Internet (1999)A REVIEW OF METHODS FOR MEASURING WILLINGNESS-TO-PAY (2006)Prospect Theory: An Analysis of Decision under Risk (1979)Advances in prospect theory: Cumulative representation of uncertainty (1992)Violent Conflict and Behavior: A Field Experiment in Burundi (2012)Working over Time: Dynamic Inconsistency in Real Effort Tasks * (2015)The behavioural constellation of deprivation: Causes and consequences (2017)Happiness adaptation to income and to status in an individual panel (2010)The effect of reference point prices on mergers and acquisitions (2012)What Is Privacy Worth? (2013)American Economic Review (2019)Optimal Auction Design (1981)A Theory of Auctions and Competitive Bidding (1982)How Should Consumers’ Willingness to Pay be Measured? An Empirical Comparison of State-of-the-Art Approaches (2011)Obviously Strategy-Proof Mechanisms (2017)Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small and in the Large (1976)Oxytocin increases trust in humans (2005)Gender Differences in Preferences (2009)INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES (2011)Measuring utility by a single-response sequential method (1964)Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value (1984)Experimental Tests of the Endowment Effect and the Coase Theorem (1990)The Road not Taken: How Psychology was Removed from Economics, and How it Might be Brought Back (2007)From Exxon to BP: Has Some Number Become Better than No Number? (2012)The Behavioral Revolution and International Relations (2017)Are people conditionally cooperative? Evidence from a public goods experiment (2001)Altruistic punishment in humans (2002)Do Women Shy Away From Competition? Do Men Compete Too Much? (2007)AUCTIONS: AN INTRODUCTION (1996)Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords (2006)
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References

  • 2007z-Tree: Zurich toolbox for ready-made economic experiments9,517 cited
  • 2002Risk Aversion and Incentive Effects5,973 cited
  • 2006Economic Theory of Choice and the Preference Reversal Phenomenon1,173 cited
  • 2005The Willingness to Pay–Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations664 cited
  • 2011The Willingness to Pay—Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations: Comment612 cited
  • 1998Effects of Trait Competitiveness and Perceived Intraorganizational Competition on Salesperson Goal Setting and Performance605 cited
  • 1993Independent Private Value Auctions: Bidder Behaviour in First-, Second- and Third-Price Auctions with Varying Numbers of Bidders474 cited
  • 2012Risk Preferences Are Not Time Preferences473 cited
  • 20095 Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study458 cited
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  • 2005Risk Aversion and Incentive Effects: New Data without Order Effects383 cited
  • 2007Experimental auctions methods and applications in economic and marketing research355 cited
  • 2007Experimental Auctions316 cited
  • 2006

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The Uncertainty Effect: When a Risky Prospect is Valued Less than its Worst Possible Outcome
311 cited
  • 2005Risk Aversion and Incentive Effects: Comment302 cited
  • 1996The preference reversal phenomenon: Response mode, markets and incentives210 cited
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    • 2016Quantifying the Subjective Value of Certainty0 cited