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The biological basis of expected utility anomalies

Year: 2007

Type: report

Abstract: We assess the biological basis of expected utility anomalies through an experiment of the Allais paradox. A questionnaire study of 120 subjects replicates the anomalies and further gathers information about the respondents’ bio-characteristics, such as gender, age, parenthood, handedness, second to fourth digit ratio, current emotional state, past negative experiences, and religiousness. We find that some of those bio-characteristics matter for the anomalies.

Source: Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)

Authors: Raul Matsushita, Dinorá Baldo, Bruna Martin, Sérgio Da Silva

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: green

Funders: Coordenação de Aperfeiçoamento de Pessoal de Nível Superior, Conselho Nacional de Desenvolvimento Científico e Tecnológico

OpenAlex ID: W1846153151

Cites: 116

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Related to: 10