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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Emotions and Risky Choice

Emotions and Risky Choice

Pilz, Franziska

Paperback

Business General

ISBN10: 3836455412
ISBN13: 9783836455411
Publisher: Vdm Verlag
Published: Dec 18 2007
Pages: 136
Weight: 0.50
Height: 0.29 Width: 6.69 Depth: 9.61
Language: English
The objective of the present book is to show that emotions have to be taken se-riously in a satisfactory explanation of economically relevant risky choice be-haviour. Therefore, theoretical and experimental evidence on emotions and risky choice is provided from an interdisciplinary perspective, integrating eco-nomic and psychological approaches. Thereby, the theoretical study will ex-plore how the 'psychology of emotions' may find its way in economic analysis in order to enhance the explanatory value of economic models of risky choice. Des-pite growing interest in the topic of emotion in theoretical economic re-search, empirical (i.e. experimental) economic research concerning emotions and risky choice is still in its infancy. The reported experimental study helps to fill this gap. The author investigates whether and how emotions measured through self-reports affect risky choice modelled as a dynamic investment choice. The experimental study will show that actual risky choices deviate from standard economic predictions and emotions are able to provide an ex-pla-nation for the observed (risky choice) behaviour.

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