...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Journal of socio-economics >To choose or not to choose: An experiment in hedging strategies and risk preferences
【24h】

To choose or not to choose: An experiment in hedging strategies and risk preferences

机译：选择还是不选择：对冲策略和风险偏好的实验

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

We conduct a small field experiment on hedging and risk-taking in a relatively high-stakes environment. Students in an economics principles class at a large private university are allowed to choose multiple answers on multiple choice exams with a corresponding reduction in the maximum attainable points. In addition to the usual grade pressure for such classes, this class is also a key component for determining entrance into a coveted limited enrollment business major. We control for question difficulty using a second section of the same course taught by the same instructor. We also build a simple model to explain the findings. We find hedging propensities increase with the question number, suggesting that fatigue plays a role in students' decisions. We also find that student quality (as measured by ACT scores) significantly reduces hedging on the Final exam but not on the Midterm. This may be evidence of learning among more able students. (C) 2017 Elsevier Inc. All rights reserved.
机译：我们在风险较高的环境中进行了一个小规模的对冲和风险承担实验。允许在一所大型私立大学的经济学原理课上的学生在多项选择题考试中选择多项答案，同时相应地降低最大可达到的分数。除了此类班级通常的年级压力外，该班级也是确定进入梦entrance以求的有限注册业务专业的关键组成部分。我们使用同一位教师讲授的同一门课程的第二部分来控制问题的难度。我们还建立了一个简单的模型来解释研究结果。我们发现套期保值的倾向随着问题数量的增加而增加，这表明疲劳感在学生的决定中发挥了作用。我们还发现，学生的素质（以ACT分数衡量）显着降低了期末考试的套期保值，而不是期中考试的套期保值。这可能是能力较强的学生中学习的证据。 （C）2017 Elsevier Inc.保留所有权利。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号