Do People Anticipate Loss Aversion?
نویسندگان
چکیده
منابع مشابه
Do People Anticipate Loss Aversion?
There is growing interest in the use of loss contracts that offer performance incentives as upfront payments that employees can lose. Standard behavioral models predict a tradeoff in the use of loss contracts: employees will work harder under loss contracts than under gain contracts; but, anticipating loss aversion, they will prefer gain contracts to loss contracts. In a series of experiments, ...
متن کاملDo People Accurately Anticipate Sanctions?
We provide lab data from four different games that allow us to study whether people have accurate expectations regarding monetary sanctions (punishment/reward) and non-monetary sanctions (disapproval/approval). Although the strength of the sanction is always predicted with some error (particularly in the case of monetary sanctions), we observe that (i) most subjects anticipate correctly the sig...
متن کاملCheating and Loss Aversion: Do People Lie More to Avoid a Loss?
Does the extent of cheating depend on a proper reference point? We use a real effort task that implements a two (gain versus loss frame) times two (monitored performance versus unmonitored performance) between-subjects design to examine whether cheating is referencedependent. Our experimental findings show that self-reported performance in the unmonitored condition is significantly higher than ...
متن کاملDo Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis
Two behavioral concepts, loss aversion and mental accounting, have recently been combined to provide a theoretical explanation of the equity premium puzzle. Recent experimental evidence suggests that undergraduate students’ behavior is consistent with this “myopic loss aversion” conjecture. Our suspicion is that, much like certain anomalies in the realm of riskless decisions, these behavioral t...
متن کاملThe pleasures of uncertainty: prolonging positive moods in ways people do not anticipate.
The authors hypothesized that uncertainty following a positive event prolongs the pleasure it causes and that people are generally unaware of this effect of uncertainty. In 3 experimental settings, people experienced a positive event (e.g., received an unexpected gift of a dollar coin attached to an index card) under conditions of certainty or uncertainty (e.g., it was easy or difficult to make...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2411023