Subject: Social Sciences
Author Name: Trautmann, Stefan T.
Publication Year: 2023
Keyword Term: individual risks
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Aug 9, 2023 - AWI Experimental Economics
Özgümüs, Asri; Rau, Holger A.; Trautmann, Stefan T., 2023, "Delayed Risk in Individual and Social Decisions [Dataset]", https://doi.org/10.11588/data/QGKGSN, heiDATA, V1
This paper studies temporal-distance effects on individual and social risks, testing Construal Level Theory. We elicit WTPs for risky and ambiguous lotteries and vary the timing (immediately vs. in two weeks) when the uncertainty is resolved. Subjects have lower WTPs for longshot... |