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Measuring and Controlling for the Compromise Effect When Estimating Risk Preference Parameters
The compromise effect arises when being close to the “middle” of a choice set makes an option more appealing. The compromise effect poses conceptual and practical problems for economic research: by influencing choices, it can bias researchers’ inferences about preference parameters. To study this bi...
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| Udgivet i: | Exp Econ |
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| Main Authors: | , , , |
| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
2019
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| Fag: | |
| Online adgang: | https://ncbi.nlm.nih.gov/pmc/articles/PMC7747750/ https://ncbi.nlm.nih.gov/pubmed/33343223 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1007/s10683-019-09640-z |
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