Experiments in economics usually provide subjects with starting capital to be used the experiment. This practice could affect decisions as there is no risk of loss. phenomenon known house-money effect. In a repeated public goods game, we test for effects by paying advance an amount they lose We do not find evidence effect over time.

We report an experiment designed to evaluate the impact of loss aversion on rent-seeking contests. We find, as theoretically predicted, a negative relationship between rent-seeking expenditures and loss aversion. However, for any degree of loss aversion, levels of rent-seeking expenditure are higher than predicted. Moreover, we find that the effect of loss aversion becomes weaker with repetitio...

Loss aversion is considered a general pervasive bias occurring regardless of context or person making the decision. We hypothesized that conscientiousness would predict an aversion to losses in the financial domain. We index loss aversion by the relative impact of income losses and gains on life satisfaction. In a representative German sample (N = 105,558: replicated in a British sample, N = 33...

One of the most robust phenomena in behavioral studies of decision making is loss aversion, the tendency for people to exhibit greater sensitivity to losses than to equivalent sized gains. We measured brain activity while individuals decided whether to accept or reject gambles without feedback. This design isolated activity reflecting decisions without contamination by the anticipation or exper...

we have studied the relation between bank deposit rates and house prices in iran. for that, we have run some var models, using the following variables: real deposit rates (including 1 and 5 years deposit rates), money supply (including the high powered money and the liquidity), gdp, housing services index, and number of licenses for new houses. our results show that a reduction in the deposit r...

This paper presents a microfounded model of money where durable assets serve as a guarantee to repay consumption loans. We establish steady state equilibria where money and bank credit coexist. In such an equilibrium, a larger investment in durable capital relaxes the borrowing constraint faced by consumers and thus provides a way to mitigate their costs of money holdings. We show that the occu...

1 How many events? A key observation about serial verb constructions (SVCs) is that they express a single, perhaps complex, event rather than a series of distinct events a single serial verb complex describes what is conceptualized as a single event: this is repeatedly reported to be a clear intuition of native speakers, and can be demonstrated through semantic analysis. It follows that a seria...

abstract: this paper investigates the existence of the house money effect among individual investors by using the intraday transactions dataset in iran stock market. regarding the purpose of investigation the relation between the investment gains and the change in risk taking, firstly, we calculate the profit profile of investors in each day. then, the risk taking of every investor are calculat...

We estimate a variety of different economic preferences in the same group of subjects: risk aversion, discounting, ambiguity aversion, compound lottery aversion, the common ratio and common consequence effects, present bias, loss aversion, the endowment effect, the reflection effect, and behavior in trust games. This allows us to estimate the empirical relationships between these behaviors acro...