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Paying to improve your chances: Gambling or insurance? · Study

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ArticlePaying to improve your chances: Gambling or insurance?

Martin C. McGuire1991

Article1991

Paying to improve your chances: Gambling or insurance?

Martin C. McGuire · John W. Pratt · Richard Zeckhauser

48 citations·0/0 files stored·Journal of Risk and Uncertainty

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Decision-Making and Behavioral Economics Economic and Environmental Valuation Experimental Behavioral Economics Studies

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References

2003UNCERTAINTY AND THE WELFARE ECONOMICS OF MEDICAL CARE 1972Market Insurance, Self-Insurance, and Self-Protection 1992Market Insurance, Self-Insurance, and Self-Protection 1974Overinsurance and Public Provision of Insurance: The Roles of Moral Hazard and Adverse Selection 1985Self-insurance, self-protection and increased risk aversion

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1997Risk Aversion in Rent-Seeking and Rent-Augmenting Games 1991Conflict and Attitudes Toward Risk 1997Willingness to pay, the risk premium and risk aversion 2007Collective Risk Control and Group Security: The Unexpected Consequences of Differential Risk Aversion 2013Do risk lovers invest in self-protection?2011Risk Aversion, Downside Risk Aversion and Paying for Stochastic Improvements 2016Recent Evolution of Public Sector Structure in Latin America: Describing and Explaining Shifts in Autonomy Trends in Colombia and Venezuela 2014Using tri-reference point theory to evaluate risk attitude and the effects of financial incentives in a gamified crowdsourcing task

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Details

Year1991

Typearticle

Published1991-12-01

VenueJournal of Risk and Uncertainty

ISSN-L0895-5646

Languageen

Citations48

Files0 public / 0

ShelfDecision-Making and Behavioral Economics

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doi10.1007/bf00056159

openalex_workW2065398971

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