Context-Dependent Risk Aversion: A Model-Based Approach

Most research on risk aversion in behavioral science with human subjects has focused on a component of risk aversion that does not adapt itself to context. More recently, studies have explored risk aversion adaptation to changing circumstances in sequential decision-making tasks. It is an open quest...

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Bibliographic Details
Main Authors: Darío Cuevas Rivera, Florian Ott, Dimitrije Markovic, Alexander Strobel, Stefan J. Kiebel
Format: Article
Language:English
Published: Frontiers Media S.A. 2018-10-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/article/10.3389/fpsyg.2018.02053/full