Near-losses in insurance markets: an experiment

DOI10.1016/J.ECONLET.2019.108781MaRDI QIDQ2292770zbMATH OpenOpenAlexFDO

Authors Timo Heinrich, Matthias Seifert, Franziska Then

Publication date 5 February 2020

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL http://dro.dur.ac.uk/28976/2/28976.pdf

zbMATH Keywords

insurancemarketsnear-lossesnear-miss eventsstrategic uncertainty

Mathematics Subject Classification ID

Experimental work for problems pertaining to game theory, economics, and finance (91-05) Actuarial mathematics (91G05)

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Cites work

• Call market book information and efficiency
• How near-misses influence decision making under risk: a missed opportunity for learning
• Level-k Auctions: Can a Nonequilibrium Model of Strategic Thinking Explain the Winner's Curse and Overbidding in Private-Value Auctions?
• Willingness-to-pay and willingness-to-accept for risky and ambiguous lotteries

Cited in

(1)

• How near-misses influence decision making under risk: a missed opportunity for learning

Describes a project that uses

Uses Software

• Z-Tree
• ORSEE

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