Munich Personal RePEc Archive

The biological basis of expected utility anomalies

Matsushita, Raul and Baldo, Dinorá and Martin, Bruna and Da Silva, Sergio (2007): The biological basis of expected utility anomalies.

[img]
Preview
PDF
MPRA_paper_4520.pdf

Download (292Kb) | Preview

Abstract

We assess the biological basis of expected utility anomalies through an experiment of the Allais paradox. A questionnaire study of 120 subjects replicates the anomalies and further gathers information about the respondents’ bio-characteristics, such as gender, age, parenthood, handedness, second to fourth digit ratio, current emotional state, past negative experiences, and religiousness. We find that some of those bio-characteristics matter for the anomalies.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.