行動・実験経済学研究会
Behavioral and Experimental Economics Seminar
Behavioral and Experimental Economics Seminar
Research Seminar
Date：16:30- 18:00, 17(Mon.) March, 2025
Place：Room 909 of Building 3 (Waseda campus, Waseda Univ.)
Speaker：Duncan James (Fordham University)
Title：Risky Choice and Boundary Conditions
Language：English
Abstract： We implement a multi-period individual choice problem, where the evolution of earnings across past rounds affects working capital available for the next round. In addition, we impose treatments which reinitialize working capital and/or hold out a bonus for not exhausting working capital (i.e. going bankrupt). This allows us to ascertain the effect of the proximity of the bankruptcy boundary on risky choice.