High-stakes hedges are misunderstood too. A commentary on: “Valuing bets and hedges: Implications for the construct of risk preference”
Frederick, Levis, Malliaris and Meyer (2018) report a package of laboratory studies where participants underestimate the value of “hedges”: Risky bets which cancel out the risk of another presently-held bet. However, it might be questioned to what extent laboratory findings predict field behavior. P...
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| Auteurs principaux: | , |
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| Format: | Artigo |
| Langue: | Inglês |
| Publié: |
Cambridge University Press
2019-09-01
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| Collection: | Judgment and Decision Making |
| Sujets: | |
| Accès en ligne: | http://journal.sjdm.org/19/190710/jdm190710.pdf |
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