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Risk aversion in game shows
Copenhagen Business School, Copenhagen, Denmark.
Georgia State University, Atlanta, United States.
Georgia State University, Atlanta, United States.ORCID iD: 0000-0001-8616-3318
2008 (English)In: Research in Experimental Economics, ISSN 0193-2306, E-ISSN 1875-7537, Vol. 12, p. 359-404Article in journal (Refereed) Published
Abstract [en]

We review the use of behavior from television game shows to infer risk attitudes. These shows provide evidence when contestants are making decisions over very large stakes, and in a replicated, structured way. Inferences are generally confounded by the subjective assessment of skill in some games, and the dynamic nature of the task in most games. We consider the game shows Card Sharks, Jeopardy!, Lingo, and finally Deal Or No Deal. We provide a detailed case study of the analyses of Deal Or No Deal, since it is suitable for inference about risk attitudes and has attracted considerable attention.

Place, publisher, year, edition, pages
JAI Press Ltd, 2008. Vol. 12, p. 359-404
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:oru:diva-68840DOI: 10.1016/S0193-2306(08)00008-2Scopus ID: 2-s2.0-54249140463OAI: oai:DiVA.org:oru-68840DiVA, id: diva2:1247318
Available from: 2018-09-11 Created: 2018-09-11 Last updated: 2018-09-13Bibliographically approved

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Rutström, Elisabet

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