English, Article, Journal or magazine article edition: Valuing A Risky Prospect Less Than Its Worst Outcome: Uncertainty Effect or Task Ambiguity? Alexandra Prokosheva; Andreas Ortmann; Sasha Prokosheva; ...

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Bookmark: http://trove.nla.gov.au/version/893
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Valuing a Risky Prospect Less than Its Worst Outcome: Uncertainty Effect or Task Ambiguity?
Author
  • Alexandra Prokosheva
  • Andreas Ortmann
  • Sasha Prokosheva
  • Ondrej Rydval
  • Ralph Hertwig
Physical Description
  • preprint
Notes
  • Gneezy, List and Wu [Q. J. Econ. 121 (2006) 1283-1309] document that lotteries are often valued less than the lotteries’ worst outcomes. We show how to undo this result.
  • RePEc:jrp:jrpwrp:2007-038
  • Risky choice, framing, experiments, task ambiguity, subject confusion.
  • RePEc:cer:papers:wp334
Language
  • English
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