Search Results - "Rutström, E. Elisabet"
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Eliciting Risk and Time Preferences
Published in Econometrica (01-05-2008)“…We design experiments to jointly elicit risk and time preferences for the adult Danish population. Since subjects are generally risk averse, we find that joint…”
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2
Discounting behavior: A reconsideration
Published in European economic review (01-10-2014)“…We re-evaluate the theory, experimental design and econometrics behind claims that individuals exhibit non-constant discounting behavior. Theory points to the…”
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3
Expected utility theory and prospect theory: one wedding and a decent funeral
Published in Experimental economics : a journal of the Economic Science Association (01-06-2009)“…Choice behavior is typically evaluated by assuming that the data is generated by one latent decision-making process or another. What if there are two (or more)…”
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Crowded out: Heterogeneity in risk attitudes among poor households in the US
Published in Journal of risk and uncertainty (01-10-2021)“…Not much is known about the heterogeneity of risk attitudes among poor households in rich countries. This paper provides estimates from a unique data set…”
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Estimating Risk Attitudes in Denmark: A Field Experiment
Published in The Scandinavian journal of economics (01-06-2007)“…We estimate individual risk attitudes using controlled experiments in the field in Denmark. The experiments were carried out across Denmark using a…”
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Elicitation using multiple price list formats
Published in Experimental economics : a journal of the Economic Science Association (01-12-2006)“…We examine the properties of a popular method for eliciting choices and values from experimental subjects, the multiple price list format. The main advantage…”
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Endogenous choice of institutional punishment mechanisms to promote social cooperation
Published in Public choice (01-06-2022)“…Does the desirability of social institutions for public goods provision depend on the extent to which they include mechanisms for endogenous enforcement of…”
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LOST IN STATE SPACE: ARE PREFERENCES STABLE?
Published in International economic review (Philadelphia) (01-08-2008)“…We use field experiments to examine the temporal stability of risk preferences. Over a 17-month period, we elicited risk preferences from subjects chosen to be…”
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Risk attitudes, randomization to treatment, and self-selection into experiments
Published in Journal of economic behavior & organization (01-06-2009)“…Randomization to treatment is fundamental to statistical control in the design of experiments. However randomization implies some uncertainty about treatment…”
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Risk Aversion and Incentive Effects: Comment
Published in The American economic review (01-06-2005)“…Charles A. Holt and Susan K. Laury (2002) (HL) develop an experimental design to determine the risk attitude of an individual. They use their observations to…”
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Preference heterogeneity in experiments: Comparing the field and laboratory
Published in Journal of economic behavior & organization (01-02-2010)“…Do laboratory experiments provide a reliable basis for measuring field preferences? Economists recognize that preferences can differ across individuals, but…”
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12
Virtual experiments and environmental policy
Published in Journal of environmental economics and management (2009)“…We develop the concept of virtual experiments and consider their application to environmental policy. A virtual experiment combines insights from virtual…”
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Individual discount rates and smoking: Evidence from a field experiment in Denmark
Published in Journal of health economics (01-09-2010)“…We elicit measures of individual discount rates from a representative sample of the Danish population and test two substantive hypotheses. The first hypothesis…”
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14
Preferences over social risk
Published in Oxford economic papers (01-01-2013)“…We elicit individual preferences over social risk. We identify the extent to which these preferences are correlated with preferences over individual risk and…”
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15
Latent process heterogeneity in discounting behavior
Published in Oxford economic papers (01-04-2012)“…We show that observed choices in discounting experiments are consistent with roughly one-half of the subjects using exponential discounting and one-half using…”
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Dual criteria decisions
Published in Journal of economic psychology (01-04-2014)“…► We consider a dual criteria model from psychology. ► The model is applied to observed choices from a major natural experiment. ► The evidence points to the…”
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17
Testing static game theory with dynamic experiments: A case study of public goods
Published in Games and economic behavior (01-09-2009)“…Game theory provides predictions of behavior in many one-shot games. On the other hand, most experimenters usually play repeated games with subjects, to…”
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Behavioral econometrics for psychologists
Published in Journal of economic psychology (01-08-2010)“…We make the case that psychologists should make wider use of econometric methods for the estimation of structural models. These methods involve the development…”
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Non-linear mixed logit
Published in Theory and decision (01-07-2012)“…We develop an extension of the familiar linear mixed logit model to allow for the direct estimation of parametric non-linear functions defined over structural…”
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Inferring beliefs as subjectively imprecise probabilities
Published in Theory and decision (01-07-2012)“…We propose a method for estimating subjective beliefs, viewed as a subjective probability distribution. The key insight is to characterize beliefs as a…”
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Journal Article Conference Proceeding