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Do Lottery Payments Induce Savings Behavior? Evidence from the Lab
prize linked savings lotteries risk preferences Prelec weighting
2015/9/23
This paper presents the results of a laboratory experiment designed to investigate
whether the option of a Prize Linked Savings (PLS) product alters the likelihood that
subjects choose to delay paym...
This paper presents the results of a laboratory experiment designed to investigate whether the option of a Prize Linked Savings (PLS) product alters the likelihood that subjects choose to delay paymen...
This paper presents the results of a laboratory experiment designed to investigate
whether the option of a Prize Linked Savings (PLS) product alters the likelihood that
subjects choose to delay paym...
Modelling savings behavior of agents in the kinetic exchange models of market
Modelling agents models of market
2010/10/20
Kinetic exchange models have been successful in explaining the shape of the income/wealth distribution in the economies. However, such models usually make some ad-hoc assumptions when it comes to det...