Testing Validity of Using Sample Mean in Studies of Behavioral Facts

Zou, Yongchen and Hu, Runqi (2011) Testing Validity of Using Sample Mean in Studies of Behavioral Facts. Modern Economy, 02 (03). pp. 371-382. ISSN 2152-7245

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Abstract

In this paper we argue that a couple of taken-for-granted methods employed in studying behavioral facts of human risk preference are mistakable. We call for within-subjects experiment design and propose a simple statistical method that might be used to test the validity of using sample mean in interpreting as well as generalizing risk preferences.

Item Type: Article
Subjects: ScienceOpen Library > Multidisciplinary
Depositing User: Managing Editor
Date Deposited: 30 Jun 2023 04:33
Last Modified: 09 Nov 2024 03:48
URI: http://scholar.researcherseuropeans.com/id/eprint/1693

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