000 01380nab a2200205 c 4500
999 _c150220
_d150220
003 ES-MaIEF
005 20250206112536.0
007 ta
008 250206t2024 xxu||||| |||| 00| 0eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _972275
_aOprea, Ryan
_d1977-
245 1 0 _aDecisions under risk are decisions under complexity
_c Ryan Oprea
504 _aBibliografía.
520 _aWe provide evidence that classic lottery anomalies like probability weighting and loss aversion are not special phenomena of risk. They also arise (and often with equal strength) when subjects evaluate deterministic, positive monetary payments that have been disaggregated to resemble lotteries. Thus, we find, e.g., apparent probability weighting in settings without probabilities and loss aversion in settings without scope for loss. Across subjects, anomalies in these deterministic tasks strongly predict the same anomalies in lotteries. These findings suggest that much of the behavior motivating our most important behavioral theories of risk derive from complexity-driven mistakes rather than true risk preferences.
650 4 _947655
_aLOTERIA
650 4 _950228
_aPROBABILIDADES
650 4 _948576
_aTOMA DE DECISIONES
773 0 _9172855
_oOP 234/2024/12
_tThe American Economic Review
_w(IEF)103372
_x 0002-8282
_g v. 114, n.12, December 2024, p. 3789-3811.
942 _cART