Berninghaus, Siegfried K.; Todorova, Lora R.; Vogt, Bodo - Fakultät für Wirtschaftswissenschaft, … - 2012
subject reports risk preferences on a risk scale before engaging in a 2x2 coordination game. The main finding is that the act … of stating one's own risk preferences significantly alters strategic behavior. In particular, subjects tend to choose the …-response correspondence framework, this result can be explained by a change in either risk preferences or beliefs. We find that self …