Wishful betting

Yaron Lahav; Or Santo

doi:10.1016/j.econlet.2022.110778

Wishful betting

Yaron Lahav, Or Santo

Ben-Gurion University of the Negev

Research output: Contribution to journal › Article › peer-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 language	American English
Article number	110778
Journal	Economics Letters
Volume	218
DOIs	https://doi.org/10.1016/j.econlet.2022.110778
State	Published - 1 Sep 2022

Keywords

Actions
Behavioral economics
Beliefs
Wishful betting
Wishful thinking

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

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10.1016/j.econlet.2022.110778

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title = "Wishful betting",

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.",

keywords = "Actions, Behavioral economics, Beliefs, Wishful betting, Wishful thinking",

author = "Yaron Lahav and Or Santo",

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year = "2022",

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doi = "10.1016/j.econlet.2022.110778",

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KW - Behavioral economics

KW - Beliefs

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JO - Economics Letters

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M1 - 110778

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Wishful betting

Abstract

Keywords

All Science Journal Classification (ASJC) codes

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