To answer or not to answer? A field test of loss aversion

Michal Krawczyk

No 2011-13, Working Papers from Faculty of Economic Sciences, University of Warsaw

Abstract: This study is a field experiment on loss aversion. The framing of scoring rules was differentiated in two exams at the University of Warsaw, with only half the students facing explicit penalty points in the case of giving an incorrect answer. Loss aversion predicts that less risk will be taken (less questions will be answered) when losses are possible but in fact, no treatment effect was observed.

Keywords: loss aversion; framing; field experiments; gender differences (search for similar items in EconPapers)
JEL-codes: C93 D81 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2011
New Economics Papers: this item is included in nep-cbe, nep-exp and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.wne.uw.edu.pl/inf/wyd/WP/WNE_WP53.pdf First version, 2011 (application/pdf)

Related works:
Journal Article: To answer or not to answer? A field test of loss aversion (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:war:wpaper:2011-13

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