...Shinsuke Ikeda; Eiji Yamamura; Yoshiro Tsutsui Based on unique panel data from a five-wave internet survey in Japan, we show how the coronavirus disease 2019 (COVID-19) pandemic affects people’s prospect-theory risk preferences, especially in the loss domain. The panel analysis indicates...

...Quang Thong Truong; Quang Nguyen; Duc Can Vu; Tien Dung Pham; Thanh Binh Phan This study aims to explore the link between risk preferences and microfinance default behavior. An interesting aspect of our study is to conduct a field experiment with 164 Vietnamese microfinance borrowers. We first...

...Miguel Luzuriaga This paper experimentally investigates how people take risk with other people’s money, and specifically, whether risk-taking is influenced by information about others. Before choosing the degree of risk another person must bear, subjects get information about the other person’s...

... the probability of a good outcome. © 2016 W. Güth, M. Ploner, and I. Soraperra 2016 W. Güth, M. Ploner, and I. Soraperra Licensed re-use rights only WTP-WTA gap Risk Elicitation mechanisms Probability weighting D81 D03 C91 The endowment effect, i.e., that sellers attach higher value...