Negative recency, randomization device choice, and reduction of compound lotteries
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Publication:433188
DOI10.1016/j.econlet.2011.12.078zbMath1242.91038OpenAlexW3121827141MaRDI QIDQ433188
Kim Kaivanto, Eike Benjamin Kroll
Publication date: 13 July 2012
Published in: Economics Letters (Search for Journal in Brave)
Full work available at URL: https://publikationen.bibliothek.kit.edu/1000022861/1691688
design of experimentsSt. Petersburg paradoxlaw of small numbersmyopic loss aversionnegative recency effectreduction of compound lotteries
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- The gambler's fallacy and the hot hand: empirical data from casinos
- Failures of the reduction principle in an Ellsberg-type problem
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- Two-Stage Lotteries without the Reduction Axiom
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- Prospect Theory: An Analysis of Decision under Risk
- The Probability Weighting Function
- Inference by Believers in the Law of Small Numbers
- Myopic Loss Aversion and the Equity Premium Puzzle
- Ellsberg Revisited: An Experimental Study
- Probability, Utility, and the Independence Axiom
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