Working Papers

Seria wydawnicza WNE WORKING PAPERS prowadzona jest przez WNE UW od 2008 r. i jak dotąd opublikowano w niej ponad 400 prac.

Seria WNE Working Papers służy szybkiemu upowszechnianiu wyników badań prowadzonych na Wydziale Nauk Ekonomicznych UW. Publikowane tu teksty mają charakter wersji roboczych (pre-printów): mogą być uzupełniane lub poprawiane w miarę postępu prac nad tekstem i procesu wydawniczego. Prezentujemy aktualną wersję udostępnioną przez autorów, opatrzoną datą oraz identyfikatorami DOI/ISSN – co ułatwia jej cytowanie i śledzenie kolejnych iteracji. Każdy dokument zachowuje pełne prawa autorskie swoich twórców, a w przypadku późniejszych zmian, autorzy mogą w dowolnym momencie zamieścić zaktualizowany plik lub wskazać miejsce ostatecznego wydania.

Do serii WORKING PAPERS przyjmowane są artykuły pracowników naukowych WNE UW oraz publikacje z konferencji organizowanych na WNE UW. Artykuły powinny dotyczyć ekonomii, mieć charakter oryginalnych prac badawczych, nie być wcześniej publikowane. Przyjmowane są wyłącznie teksty w języku angielskim.

Prace prosimy przesyłać e-mailem na adres: oBAteP=[7iQRsS8^#MbVx*GErDy]#[g.0`O?|LsZ3Egj0MkVXN%j'7{1f

Prosimy przesyłać dwa pliki:

(1) główny tekst bez podania tytułu artykułu oraz autorów (plik DOC/DOCX) oraz

(2) stronę tytułową zawierającą: tytuł opracowania, autorów oraz ich afiliację (plik DOC/DOCX). 

Przed przesłaniem tekstu prosimy zapoznać się z szczegółowymi wymogami edycyjnymi.

Redaktorem wydawniczym serii Working Papers jest dr Maciej Bukowski.

Ilość wyników 4

WP(24/2022)400. Farmers' risk preferences in eleven European farming systems: A multi-country replication of Bocquého et al. (2014)

Autorzy: Rommel Jens, Sagebiel Julian, Baaken Marieke Cornelia, Barreiro-Hurlé Jesús, Bougherara Douadia, Cembalo Luigi, Cerjak Marija, Čop Tajana, Czajkowski Mikołaj, Espinosa-Goded María, Höhler Julia, Kuhfuss Laure, Lagerkvist Carl-Johan, Lapierre Margaux, Lefebvre Marianne, Matzdorf Bettina, Ott Edward, Paparella Antonio, Quendler Erika, Rodriguez-Entrena Macario, SchulzeChristoph, ŠumradaTanja, Tensi Annika, Thoyer Sophie, Tomić Maksan Marina, Vecchio Riccardo, Willinger Marc, Zagórska Katarzyna
We replicate Bocquého et al. (2014), who used multiple price lists to investigate risk preferences of 107 French farmers. We collect new data from 1,430 participants in eleven European farming systems. In agreement with the original study, far…

WP400. Farmers' risk preferences in eleven European farming systems: A multi-country replication of Bocquého et al. (2014)

We replicate Bocquého et al. (2014), who used multiple price lists to investigate risk preferences of 107 French farmers. We collect new data from 1,430 participants in eleven European farming systems. In agreement with the original study, farmers’ risk preferences are best described by Cumulative Prospect Theory. Structural model estimates show that farmers in the new samples are, on average, less loss averse and more susceptible to probability distortion than in the original study. Explorative analyses indicate differences between estimation approaches, as well as heterogeneity between and within samples. We discuss challenges in replications of economic experiments with farmers across farming contexts.


Rommel Jens, Sagebiel Julian, Baaken Marieke Cornelia, Barreiro-Hurlé Jesús, Bougherara Douadia, Cembalo Luigi, Cerjak Marija, Čop Tajana, Czajkowski Mikołaj, Espinosa-Goded María, Höhler Julia, Kuhfuss Laure, Lagerkvist Carl-Johan, Lapierre Margaux, Lefebvre Marianne, Matzdorf Bettina, Ott Edward, Paparella Antonio, Quendler Erika, Rodriguez-Entrena Macario, SchulzeChristoph, ŠumradaTanja, Tensi Annika, Thoyer Sophie, Tomić Maksan Marina, Vecchio Riccardo, Willinger Marc, Zagórska Katarzyna
Risk Attitudes Agriculture Cumulative Prospect Theory Expected Utility Theory Artefactual Field Experiment

WP(8/2017)237. Probability weighting under time pressure: applying the double-response method

Autorzy: Gawryluk Katarzyna, Krawczyk Michał
We conduct a laboratory experiment to investigate the impact of deliberation time on behavior under risk and uncertainty. Towards this end we let our participant make quick, intuitive evaluations of a number of lotteries and modify them, should they …

WP237. Probability weighting under time pressure: applying the double-response method

We conduct a laboratory experiment to investigate the impact of deliberation time on behavior under risk and uncertainty. Towards this end we let our participant make quick, intuitive evaluations of a number of lotteries and modify them, should they wish to do so, after deliberation. Both certainty equivalents are incentivized (a double-response method). The main finding is that additional deliberation time reduces pessimism, especially in the case of lotteries involving unknown probabilities.


DOI: https://doi.org/10.26405/WP/WNE/2017/237/008
Gawryluk Katarzyna, Krawczyk Michał
probability weighting prospect theory time pressure

WP(15/2014)132. Probability weighting in different domains: the role of stakes, fungibility, and affect

Autorzy: Krawczyk Michał
This paper reports the results of a laboratory experiment in which probability weighting functions for risky gains were elicited non-parametrically in over 500 incentivized subjects. I compare probability weights for monetary rewards to two less fung…

WP132. Probability weighting in different domains: the role of stakes, fungibility, and affect

This paper reports the results of a laboratory experiment in which probability weighting functions for risky gains were elicited non-parametrically in over 500 incentivized subjects. I compare probability weights for monetary rewards to two less fungible domains involving vouchers for different types of consumption, inducing stronger or weaker (positive) emotions. The level of stakes was also manipulated. I find that the probability to win monetary rewards is weighted almost linearly in the high stakes condition, the probability to win vouchers associated with positive affect is underweighted and the probability to win affect-poor vouchers is strongly underweighted. Substantial underweighting also prevails in all three domains in the low stakes condition.


Krawczyk Michał
prospect theory probability weighting functions fungibility affect

WP(8/2014)125. Wildfires in Poland: the impact of risk preferences and loss aversion on environmental choices

Autorzy: Bartczak Anna, Chilton Susan, Meyerhoff Jürgen
 This paper examines how risk preferences and loss aversion affect choices over a risky environmental good, wildfire prevention in Poland. We collect data in a stated preference survey that allows us to calculate both risk aversion and loss aver…

WP125. Wildfires in Poland: the impact of risk preferences and loss aversion on environmental choices

 This paper examines how risk preferences and loss aversion affect choices over a risky environmental good, wildfire prevention in Poland. We collect data in a stated preference survey that allows us to calculate both risk aversion and loss aversion parameters from individual respondents in both the financial and environmental domains. In doing so, we are able to confirm that this behaviour is consistent with prospect theory and holds for the majority of respondents. Additionally, we find little evidence of domain specificity of risk: responses to the financial risk questions were good predictors of responses to the environmental risk questions.


Bartczak Anna, Chilton Susan, Meyerhoff Jürgen
risk preferences over financial and environmental domains forest fires loss aversion probability weighting prospect theory
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