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Revisiting the house money effect in the field: Evidence from casino jackpots · Study

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ArticleRevisiting the house money effect in the field: Evidence from casino jackpots

Raphael Flepp2019

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Articlegreen2019

Revisiting the house money effect in the field: Evidence from casino jackpots

Raphael Flepp · Maximilian Rüdisser

5 citations·0/0 files stored·Economics Letters

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Decision-Making and Behavioral Economics Financial Literacy, Pension, Retirement Analysis Experimental Behavioral Economics Studies

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References

1990Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice 1994The Psychology of Windfall Gains 2005How Do Prior Outcomes Affect Risk Attitude? Comparing Escalation of Commitment and the House-Money Effect 2006An experimental examination of the house money effect in a multi-period setting 2010Monetary incentives in the loss domain and behavior toward risk: An experimental comparison of three reward schemes including real losses 2009Poker Player Behavior After Big Wins and Big Losses 1996Gambling with the house money in capital expenditure decisions: An experimental analysis 2007The house money effect and local traders on the Sydney Futures Exchange

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2017When Do Reference Points Update? A Field Analysis of the Effect of Prior Gains and Losses on Risk-Taking over Timepreprint · 11 shared references 2021The effect of paper outcomes versus realized outcomes on subsequent risk-taking: Field evidence from casino gamblingarticle · 9 shared references 2016Do casinos pay their customers to become risk-averse? Revising the house money effect in a field experimentarticle · 7 shared references 2023Windfall gains and house money: The effects of endowment history and prior outcomes on risky decision–makingarticle · 7 shared references 2014Investors’ Risk Preference Characteristics Based on Different Reference Pointarticle · 6 shared references 2014House money effects on trust and reciprocityarticle · 6 shared references

Details

Year2019

Typearticle

Published2019-05-17

VenueEconomics Letters

ISSN-L0165-1765

Languageen

Citations5

Files0 public / 0

ShelfDecision-Making and Behavioral Economics

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doi10.1016/j.econlet.2019.05.026

openalex_workW2945803968

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