Heterogeneity in loss aversion: evidence from field elicitations - Sproul, Thomas; Michaud, Clayton P (Agricultural finance review, 2017)
Keywords: Algorithms; Allocations; Behavior; Computer simulation; Crop insurance; Decision making; Estimates; Expected utility; Field tests; Heterogeneity; Insurance coverage; Parameter estimation; Population; Probabilistic models; Probability; Risk aversion; Standard deviation; Vietnam; Behavioural economics; Heterogeneity; Prospect theory; Expectation maximization; G02; C38; Gaussian mixture model; Loss aversion