{"title":"偏度求注:一个实验分析","authors":"Tobias Bruenner, R. Levínský, J. Qiu","doi":"10.2139/ssrn.1026602","DOIUrl":null,"url":null,"abstract":"In this paper we experimentally test skewness seeking at the individual level. Several prospects that can be ordered with respect to the third-degree stochastic dominance (3SD) criterion are ranked by the participants of the experiment. We i¬ nd that the skewness of a distribution has a signii¬ cant impact on the decisions. Yet, while skewness has an impact, its direction dii¬€ers substantially across subjects: 39% of our subjects act in accordance with skewness seeking and 10% seem to avoid skewness. On the level of individual decisions we i¬ nd that the variance of the prospects and subjects’ experience increase the probability of their choosing the lottery with greater skewness.","PeriodicalId":365027,"journal":{"name":"Jena Economic Research Paper Series","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2007-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"9","resultStr":"{\"title\":\"A Note on Skewness Seeking: An Experimental Analysis\",\"authors\":\"Tobias Bruenner, R. Levínský, J. Qiu\",\"doi\":\"10.2139/ssrn.1026602\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In this paper we experimentally test skewness seeking at the individual level. Several prospects that can be ordered with respect to the third-degree stochastic dominance (3SD) criterion are ranked by the participants of the experiment. We i¬ nd that the skewness of a distribution has a signii¬ cant impact on the decisions. Yet, while skewness has an impact, its direction dii¬€ers substantially across subjects: 39% of our subjects act in accordance with skewness seeking and 10% seem to avoid skewness. On the level of individual decisions we i¬ nd that the variance of the prospects and subjects’ experience increase the probability of their choosing the lottery with greater skewness.\",\"PeriodicalId\":365027,\"journal\":{\"name\":\"Jena Economic Research Paper Series\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2007-11-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"9\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Jena Economic Research Paper Series\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.1026602\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Jena Economic Research Paper Series","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.1026602","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
A Note on Skewness Seeking: An Experimental Analysis
In this paper we experimentally test skewness seeking at the individual level. Several prospects that can be ordered with respect to the third-degree stochastic dominance (3SD) criterion are ranked by the participants of the experiment. We i¬ nd that the skewness of a distribution has a signii¬ cant impact on the decisions. Yet, while skewness has an impact, its direction dii¬€ers substantially across subjects: 39% of our subjects act in accordance with skewness seeking and 10% seem to avoid skewness. On the level of individual decisions we i¬ nd that the variance of the prospects and subjects’ experience increase the probability of their choosing the lottery with greater skewness.