Wishful betting

Yaron Lahav, Or Santo

Research output: Contribution to journalArticlepeer-review

Abstract

Wishful betting is the tendency to bet higher amounts on more desired outcomes. In our experiments, subjects profit from either buying or selling wheat, hence having an interest in specific price levels. We find wishful betting but no wishful thinking.

Original languageEnglish
Article number110778
JournalEconomics Letters
Volume218
DOIs
StatePublished - 1 Sep 2022

Keywords

  • Actions
  • Behavioral economics
  • Beliefs
  • Wishful betting
  • Wishful thinking

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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