Interdependence among Risk, Time and Social Preferences

DOI

Bibliographic Information

Other Title
  • リスク選好・時間選好・社会的選好の相互依存性

Description

<p>In this study, for verifying the assumption of independence among risk, time and social preferences in decision theory, a laboratory experiment was conducted. Our experiment shows that interdependence among these preferences, especially between risk and time preferences and between risk and social preferences. Several structural models for a generalized utility functions featuring interdependence among risk, time, and social preferences as well as cognitive ability are estimated and compared. The estimation result reveals that one of such models better explains the choice regularities found in the experiment.</p>

Journal

Keywords

Details 詳細情報について

  • CRID
    1390296962548968320
  • DOI
    10.11167/jbef.16.1
  • ISSN
    21853568
  • Text Lang
    ja
  • Data Source
    • JaLC
  • Abstract License Flag
    Disallowed

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