A structural analysis of disappointment aversion in a real effort competition
We develop a novel computerized real effort task, based on moving sliders across a screen, to test experimentally whether agents are disappointment averse when they compete in a real effort sequential-move tournament. Our theory predicts that a disappointment averse agent, who is loss averse around...
| Hlavní autoři: | , |
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| Médium: | Working paper |
| Vydáno: |
University of Oxford
2009
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