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Individual vs. couple behavior: an experimental investigation of risk preferences

机译:个人行为与夫妻行为:风险偏好的实验研究

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摘要

In this article, we elicit both individuals’ and couples’ preferences assuming prospect theory (PT) as a general theoretical framework for decision under risk. Our experimental method, based on certainty equivalents, allows to infer measurements of utility and probability weighting at the individual level and at the couple level. Our main results are twofold. First, risk attitude for couples is compatible with PT and incorporates deviations from expected utility similar to those found in individual decision making. Second, couples’ attitudes towards risk are found to be consistent with a mix of individual attitudes, women being more influent on couples’ preferences at low probability levels.
机译:在本文中,我们假设前景理论(PT)作为风险决策的一般理论框架,从而得出个人和夫妇的偏好。我们基于确定性等价物的实验方法,可以推断个人水平和夫妻水平上效用和概率加权的度量。我们的主要结果是双重的。首先,夫妻的风险态度与PT兼容,并与预期效用存在偏差,与个人决策中发现的偏差相似。其次,发现夫妻对风险的态度与个人态度的混合是一致的,女性在较低的概率水平上对夫妻的偏好影响更大。

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