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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14955 |
来源ID | Working Paper 14955 |
Fear and Loathing in Las Vegas: Evidence from Blackjack Tables | |
Bruce Ian Carlin; David T. Robinson | |
发表日期 | 2009-05-15 |
出版年 | 2009 |
语种 | 英语 |
摘要 | Psychologists study regret primarily by measuring subjects' attitudes in laboratory experiments. This does not shed light on how expected regret affects economic actions in market settings. To address this, we use proprietary data from a blackjack table in Las Vegas to analyze how expected regret affects peoples''decisions during gambles. Even among a group of people who choose to participate in a risk-taking activity, we find strong evidence of an economically significant omission bias: players incur substantial losses by playing too conservatively. This behavior is prevalent even among large stakes gamblers, and becomes more severe following previous aggressive play, suggesting a rebound effect after aggressive play. |
主题 | Microeconomics ; Behavioral Economics |
URL | https://www.nber.org/papers/w14955 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572631 |
推荐引用方式 GB/T 7714 | Bruce Ian Carlin,David T. Robinson. Fear and Loathing in Las Vegas: Evidence from Blackjack Tables. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14955.pdf(323KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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