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Applied Economics Letters Volume 24, 2017 - Issue 1
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Original Articles

Prudence and prevention: an economic laboratory experiment

Miriam KriegerCINCH – Health Economics Research Center, University of Duisburg-Essen, Essen, GermanyView further author information
&
Thomas MayrhoferMassachusetts General Hospital and Harvard Medical School, Harvard University, Boston, MA, USA;School of Business Studies, Stralsund University of Applied Sciences, Stralsund, GermanyCorrespondence[email protected]
View further author information
Pages 19-24 | Published online: 21 Mar 2016

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Peter J Phillips & Gabriela Pohl. (2020) Terrorism, lightning and falling furniture. Behavioral Sciences of Terrorism and Political Aggression 12:2, pages 140-156.
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Thomas Mayrhofer. (2017) Skewed background risks and higher-order risk preferences: prudent versus temperate behavior. Applied Economics Letters 24:5, pages 338-341.
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Articles from other publishers (23)

Morten Lau & Hong Il Yoo. (2023) Structural Estimation of Higher Order Risk Attitudes. SSRN Electronic Journal.
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Han Bleichrodt. (2022) The prevention puzzle. The Geneva Risk and Insurance Review 47:2, pages 277-297.
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Xavier Gassmann, Antoine Malézieux, Eli Spiegelman & Jean-Christian Tisserand. (2023) Preferences after pan(dem)ics: Time and risk in the shadow of COVID-19. Judgment and Decision Making 17:4, pages 745-767.
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Stefan Felder & Thomas MayrhoferStefan Felder & Thomas Mayrhofer. 2022. Medical Decision Making. Medical Decision Making 127 145 .
Stefan Felder & Thomas MayrhoferStefan Felder & Thomas Mayrhofer. 2022. Medical Decision Making. Medical Decision Making 23 52 .
Timo R. Lambregts, Paul van Bruggen & Han Bleichrodt. (2021) Insurance decisions under nonperformance risk and ambiguity. Journal of Risk and Uncertainty 63:3, pages 229-253.
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Claudio A. Bonilla & Marcos Vergara. (2020) Risk aversion, downside risk aversion, and the transition to entrepreneurship. Theory and Decision 91:1, pages 123-133.
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Annarita Colasante & Luca Riccetti. (2021) Financial and non-financial risk attitudes: What does it matter?. Journal of Behavioral and Experimental Finance 30, pages 100494.
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Kanchan Joshi, Thiagu Ranganathan & Ram Ranjan. (2021) Exploring Higher Order Risk Preferences of Farmers in a Water-Scarce Region: Evidence from a Field Experiment in West Bengal, India. Journal of Quantitative Economics 19:2, pages 317-344.
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Richard Peter. (2020) Who should exert more effort? Risk aversion, downside risk aversion and optimal prevention. Economic Theory 71:4, pages 1259-1281.
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Timo Heinrich & Jason Shachat. (2021) The development of risk aversion and prudence in Chinese children and adolescents. Journal of Risk and Uncertainty.
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Annarita Colasante & Luca Riccetti. (2020) Risk aversion, prudence and temperance: It is a matter of gap between moments. Journal of Behavioral and Experimental Finance 25, pages 100262.
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Alexander Haering, Timo HeinrichThomas Mayrhofer. (2020) EXPLORING THE CONSISTENCY OF HIGHER ORDER RISK PREFERENCES. International Economic Review 61:1, pages 283-320.
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Marielle Brunette & Julien Jacob. (2019) Risk aversion, prudence and temperance: An experiment in gain and loss. Research in Economics 73:2, pages 174-189.
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Takehito Masuda & Eungik Lee. (2018) Higher order risk attitudes and prevention under different timings of loss. Experimental Economics 22:1, pages 197-215.
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Stefan Felder & Thomas Mayrhofer. (2017) Threshold analysis in the presence of both the diagnostic and the therapeutic risk. The European Journal of Health Economics 19:7, pages 1019-1026.
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Timo Heinrich & Thomas Mayrhofer. (2017) Higher-order risk preferences in social settings. Experimental Economics 21:2, pages 434-456.
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Stefan T. Trautmann & Gijs van de Kuilen. (2018) Higher order risk attitudes: A review of experimental evidence. European Economic Review 103, pages 108-124.
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Stefan Felder & Thomas MayrhoferStefan Felder & Thomas Mayrhofer. 2017. Medical Decision Making. Medical Decision Making 23 51 .
Thomas Mayrhofer & Hendrik Schmitz. (2021) Prudence and Prevention – Empirical Evidence. SSRN Electronic Journal.
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Richard Peter. (2019) Who Should Exert More Effort? Risk Aversion, Downside Risk Aversion and Optimal Prevention. SSRN Electronic Journal.
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Annarita Colasante & Luca Riccetti. (2019) Risk Aversion, Prudence and Temperance: It Is a Matter of Gap Between Moments. SSRN Electronic Journal.
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Takehito Masuda & Eungik Lee. (2018) Higher Order Risk Attitudes and Prevention Under Different Timings of Loss. SSRN Electronic Journal.
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