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Valuing low probability risk: survey and experimental evidence

Article Abstract:

The survey method and economic experiment is used to draw upon the value of low probability risk investment. Inspite of widespread use of survey methods, economists are suspicious about the results, so they have found out a better way of understanding human decision making process, which is known as microeconomic experiment.

Author: Kruse, Jamie Brown, Thompson, Mark A.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2003
Science & research, Research, Risk (Economics), Economic research, Microeconomics

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Searching for evidence of alternative preferances, public as opposed to private

Article Abstract:

Altruistic preferences, of private versus public, have been proved to exist. An Empirical study, shows that, it can be triggered off by small framing changes in a questionnaire.

Author: Russell, Clifford S., Bjorner, Thomas Bue, Clark, Christopher D.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2003
Surveys, Consumer preferences, Public goods, Altruism, Altruism (Human behavior)

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The impact of endowment heterogeneity and origin on public good contributions: evidence from the lab

Article Abstract:

Empirical results, which examine the effect of income variation on contributions, are presented.

Author: Shogren, Jason F., Cherry, Todd L., Kroll, Stephan
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2005
Forecasts, trends, outlooks, Management dynamics, Management, Forecasts and trends, Market trend/market analysis, Company business management, Charitable contributions, Charitable donations, Personal income, Rational choice theory

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Subjects list: United States, Analysis
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