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Should I play or should I go? Individuals’ characteristics and preference for uncertainty

2022-04-13Artigo científico Acesso aberto
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dc.contributor.authorSaraiva, Tânia
dc.contributor.authorGonçalves, Tiago
dc.date.accessioned2022-05-04T10:57:01Z
dc.date.available2022-05-04T10:57:01Z
dc.date.issued2022-04-13
dc.descriptionArtigo publicado em revista científica internacionalpt_PT
dc.description.abstractThis paper presents an incentivized experiment analyzing the role of demographic characteristics in individual decision-making under uncertainty. Reactions to a natural source of uncertainty, payoffs in a TV game show, were measured using Fuzzy-set Qualitative Comparative Analysis (fsQCA), allowing us to identify multiple configurations of causal conditions that are sufficient for individuals to prefer an uncertain payoff to a sure gain, and, thus, lower risk aversion. This paper found evidence of preference for uncertainty, measured as willingness to play for an uncertain payoff, in individuals with characteristics most commonly present in the literature: being male; young; childless; with studies in finance or similar areas. This paper also shows that conditions that would not justify the preference for uncertainty according to the literature (an older individual or having children), when combined with other conditions, change contestants’ behavior regarding preference for uncertainty. Individuals that are both older and single, and individuals that have children combined with education in finance, show an inverse effect on preference for uncertainty.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationSaraiva, T., & Gonçalves, T. C. (2022). Should I Play or Should I Go? Individuals’ Characteristics and Preference for Uncertainty. Games, 13(2), 31. https://doi.org/10.3390/g13020031pt_PT
dc.identifier.doihttps://doi.org/10.3390/g13020031pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.21/14621
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relation.ispartofseries;2
dc.relation.publisherversionhttps://www.mdpi.com/2073-4336/13/2/31pt_PT
dc.subjectPreference for uncertaintypt_PT
dc.subjectIndividuals’ characteristicspt_PT
dc.subjectRisk aversionpt_PT
dc.subjectSocio-demographicspt_PT
dc.subjectfsQCApt_PT
dc.subjectTV game showpt_PT
dc.titleShould I play or should I go? Individuals’ characteristics and preference for uncertaintypt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage14pt_PT
oaire.citation.issue13pt_PT
oaire.citation.startPage1pt_PT
oaire.citation.titleGamespt_PT
person.familyNameSARAIVA
person.familyNameGonçalves
person.givenNameTÂNIA
person.givenNameTiago
person.identifier2140237
person.identifier.ciencia-id8B10-1618-B51A
person.identifier.orcid0000-0003-3076-7571
person.identifier.orcid0000-0002-1031-0032
person.identifier.ridO-4909-2018
person.identifier.scopus-author-id57201376605
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublicationa264fde7-ed80-41f1-8556-fbee2d695cda
relation.isAuthorOfPublication71ca11d5-19c4-4ddf-9ac5-608d397364ba
relation.isAuthorOfPublication.latestForDiscovery71ca11d5-19c4-4ddf-9ac5-608d397364ba

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