The effect of paper outcomes versus realized outcomes on subsequent risk-taking: Field evidence from casino gambling
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DOI: 10.1016/j.obhdp.2021.04.003
Abstract: Abstract We test the realization effect, i.e., that risk-taking is greater after paper outcomes than after realized outcomes, using gambling data from a real casino. During a particular casino visit, customers likely perceive that gains… read more here.
Keywords: paper outcomes; casino; risk; risk taking ... See more keywords