A Structural Analysis of Disappointment Aversion in a Real Effort Competition

We develop a novel computerized real effort task, based on moving sliders across a screen, to test experimentally whether agents are disappointment averse when they compete in a real effort sequentialmove tournament We predict that a disappointment averse agent, who is loss averse around her endogen...

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Bibliographic details

Volume:	102
Main Author:	David Gill Victoria Prowse
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	NASHVILLE American Economic Association 01.02.2012 AMER ECONOMIC ASSOC
published in:	The American economic review Vol. 102; no. 1; pp. 469 - 503
ORCID:	0000-0002-6055-3788
Data of publication:	20120201
ISSN:	0002-8282 1944-7981
EISSN:	1944-7981
Discipline:	Economics Law
Subjects:	Cost estimates Analytical estimating Disappointment Cost allocation Mathematical independent variables Modeling Point estimators Cost functions Structural analysis Loss aversion Economics Business & Economics Social Sciences Aversion Research CHOICE CONSISTENCY DECISION-MAKING PREFERENCES REGRET RISK OPTIMIZATION EXPECTATIONS SIMULATION PROSPECT-THEORY
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2012 Web of Knowledge Web of Science CrossRef Academic OneFile (A&I only) Database information Databases - DBIS