Risky choice in the limelight

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Risky choice in the limelight

This paper examines how risk behavior in the limelight differs from that in anonymity. In two separate experiments we find that subjects are more risk averse in the limelight. However, risky choices are similarly path dependent in the different treatments. Under both limelight and anonymous laborato...

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Bibliographic Details
Main Authors:	van den Assem, Martijn J., Baltussen, Guido, van Dolder, Dennie
Format:	Article
Published:	Massachusetts Institute of Technology Press 2015
Subjects:	decision making under risk risky choice risk preferences risk aversion ambiguity aversion limelight accountability public scrutiny experience game show natural experiment laboratory experiment expected utility theory prospect theory
Online Access:	https://eprints.nottingham.ac.uk/30841/

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