Outputs (4)

Small Stakes Risk Aversion in the Laboratory: A Reconsideration (2017)
Journal Article
Harrison, G., Lau, M., Ross, D., & Swarthout, J. (2017). Small Stakes Risk Aversion in the Laboratory: A Reconsideration. Economics Letters, 160, 24-28. https://doi.org/10.1016/j.econlet.2017.08.003

Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible levels of risk aversion over large stakes under certain assumptions. One core assumption in statements of this calibration puzzle is that small-stakes ri... Read More about Small Stakes Risk Aversion in the Laboratory: A Reconsideration.

Disordered Gambling Prevalence: Methodological Innovations in a General Danish Population Survey (2017)
Journal Article
Harrison, G., Jessen, L., Lau, M., & Ross, D. (2018). Disordered Gambling Prevalence: Methodological Innovations in a General Danish Population Survey. Journal of Gambling Studies, 34(1), 225-253. https://doi.org/10.1007/s10899-017-9707-1

We study Danish adult gambling behavior with an emphasis on discovering patterns relevant to public health forecasting and economic welfare assessment of policy. Methodological innovations include measurement of formative in addition to reflective co... Read More about Disordered Gambling Prevalence: Methodological Innovations in a General Danish Population Survey.

Information Characteristics and Errors in Expectations: Experimental Evidence (2017)
Journal Article
Antoniou, C., Harrison, G., Lau, M., & Read, D. (2017). Information Characteristics and Errors in Expectations: Experimental Evidence. Journal of Financial and Quantitative Analysis, 52(2), 737-750. https://doi.org/10.1017/s0022109017000035

We design an experiment to test the hypothesis that, in violation of Bayes’ rule, some people respond more forcefully to the strength of information than to its weight. We provide incentives to motivate effort, use naturally occurring information, an... Read More about Information Characteristics and Errors in Expectations: Experimental Evidence.

Risk attitudes, sample selection and attrition in a longitudinal field experiment (2017)
Preprint / Working Paper
Harrison, G. W., Lau, M., & Yoo, H. I. Risk attitudes, sample selection and attrition in a longitudinal field experiment

Longitudinal experiments allow one to evaluate the temporal stability of latent preferences, but raise concerns about sample selection and attrition that may confound inferences about temporal stability. We evaluate the hypothesis of temporal stabili... Read More about Risk attitudes, sample selection and attrition in a longitudinal field experiment.