Subject: Social Sciences
Publication Year: 2021
Author Name: Trautmann, Stefan T.
Keyword Term: prudence
1 to 1 of 1 Result
Jul 30, 2021
Becker, Christoph K.; Ert, Eyal; Trautmann, Stefan T.; van de Kuilen, Gijs, 2021, "Experiencing Risk: Higher-Order Risk Attitudes in Description- and Experience-Based Decisions [Dataset]", https://doi.org/10.11588/data/CMCIXT, heiDATA, V1
Risky decisions are often characterized by (a) imprecision about consequences and their likelihoods that can be reduced by information collection, and by (b) unavoidable background risk. This article addresses both aspects by eliciting risk attitude, prudence, and temperance in d... |