Unraveling the luck and risk aversion puzzle: a test of perceived luck experiences in lottery choice experiments

• Main Authors: Ng, Qian Yi, Ang, Qiu Yan
• Other Authors: He Tai-Sen
• Format: Final Year Project
• Language: English
• Published: 2018
• Subjects: DRNTU::Social sciences; DRNTU::Business::Finance
• Online Access: http://hdl.handle.net/10356/73683
• Institution: Nanyang Technological University

Experiences form part and parcel of life. As suggested by existing literature, past experiences may shape attitude and preference construction, especially in uncertain or risky environments. Accordingly, we conduct two experiments to investigate how one’s perceived state of luckiness influences one’...