Risk Aversion in Game Shows

Steffen Andersen, Glenn W. Harrison, Morten I. Lau, E. Elisabet Rutström

Publikation: Bidrag til bog/antologi/rapportBidrag til bog/antologiFormidling

Abstrakt

We review the use of behavior from television game shows to infer risk attitudes. These shows provide evidence when contestants are making decisions over very large stakes, and in a replicated, structured way. Inferences are generally confounded by the subjective assessment of skill in some games, and the dynamic nature of the task in most games. We consider the game shows Card Sharks, Jeopardy!, Lingo, and finally Deal Or No Deal. We provide a detailed case study of the analyses of Deal Or No Deal, since it is suitable for inference about risk attitudes and has attracted considerable attention.
OriginalsprogEngelsk
TitelRisk Aversion in Experiments
RedaktørerJames C. Cox, Glenn W. Harrison
Udgivelses stedBingley
ForlagEmerald Group Publishing
Publikationsdato2008
Sider359-404
ISBN (Trykt)9780762313846
ISBN (Elektronisk)9781849505475
DOI
StatusUdgivet - 2008
NavnResearch in Experimental Economics
Vol/bind12
ISSN0193-2306

Citationsformater

Andersen, S., Harrison, G. W., Lau, M. I., & Rutström, E. E. (2008). Risk Aversion in Game Shows. I J. C. Cox, & G. W. Harrison (red.), Risk Aversion in Experiments (s. 359-404). Bingley: Emerald Group Publishing. Research in Experimental Economics, Bind. 12 https://doi.org/10.1016/S0193-2306%2808%2900008-2