The Indifferent, the Good Samaritan, the Brave and the Agent in Allais Paradox situation – or How Endowment Effect Influences Our Decision in Case of Allais Paradox?

Allais, M. (1988, December 9). An Outline of My Main Contributions to Economic Science. Lecture notes distributed in Nobel Lectures. France, Paris. http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1988/allais-lecture.html, http://dx.doi.org/10.1007/BF0013463410.1007/BF00134634Open DOISearch in Google Scholar

Andreoni, J., & Sprenger, C. (2010). Certain and Uncertain Utility. The Allais Paradox and Five Decision Theory Phenomena. Levine’s Working Paper Archive 926159295. https://pdfs.semanticscholar.org/83da/ed55d89ad8d0b94ac72e509dbb118983f069.pdfSearch in Google Scholar

Arrow, K. J. (1984). The Economics of Agency. Stanford University: A Report of the Center for Research on Organizational Efficiency, www.dtic.mil/get-tr-doc/pdf?AD=ADA151436Search in Google Scholar

Bakacsi, Gy. (2015). Változó vezetési paradigma – változó megbízó ügynök probléma? [Changing leader-paradigm – changing principal-agent problem?] In Bakacsi, Gy. –Balaton, K. (Eds.): Vezetés és szervezet társadalmi kontextusban: Tanulmányok Dobák Miklós 60. születésnapja tiszteletére. Budapest, Akadémiai Press, 29-54.Search in Google Scholar

Baillon, A., Bleichrodt, H., Liu, L., & Wakker, P. P. (2016). Group Decision Rules and Group Rationality under Risk. Journal of Risk and Uncertainty. 52(3), 99-116, http://dx.doi.org/10.1007/s11166-016-9237-810.1007/s11166-016-9237-8Open DOISearch in Google Scholar

Birnbaum, M. H. (2007). Tests of branch splitting and branch-splitting independence in Allais paradoxes with positive and mixed consequences. Organizational Behavior and Human Decision Processes, 102, 154-173, http://dx.doi.org/10.1016/j.obhdp.2006.04.00410.1016/j.obhdp.2006.04.004Open DOISearch in Google Scholar

Birnbaum, M., H. (2008). New Paradox of Risky Decision Making. Psychological Review. 115(2), 463-501.10.1037/0033-295X.115.2.463Search in Google Scholar

Calabuig, V., Fatas, E., Olcina, G. & Rodriguez-Lara, I. (2016). Carry a big stick, or no stick at all Punishment and endowment heterogeneity in the trust game. Journal of Economic Psychology, 157, 153-171, http://dx.doi.org/10.1016/j.joep.2016.09.00610.1016/j.joep.2016.09.006Open DOISearch in Google Scholar

Camerer, C. (1998). Bounded Rationality in Individual Decision Making. Experimental Economics. 1, 163-183.10.1023/A:1009944326196Search in Google Scholar

Charness, G., Gneezy, U., & Kuhn M. A. (2012). Experimental methods: Between-subject and within-subject design. Journal of Economic Behavior & Organization. 81(1), 1-8, http://dx.doi.org/10.1016/j.jebo.2011.08.00910.1016/j.jebo.2011.08.009Open DOISearch in Google Scholar

Chang, S., Dee, T. S., Tse, C. W., & Yu, L. (2016). Be a Good Samaritan to a Good Samaritan: Field evidence of other-regarding preferences in China. China Economic Review, 41, 23-33, http://dx.doi.org/10.1016/j.chieco.2016.08.00710.1016/j.chieco.2016.08.007Open DOISearch in Google Scholar

Da Silva, S., Baldo, D., & Matsushita, M. (2013). Biological correlates of the Allais paradox. Applied Economics, 45(5). 555-568, http://dx.doi.org/10.1080/00036846.2011.60713310.1080/00036846.2011.607133Open DOISearch in Google Scholar

Dupont, D., Y. & Lee, G., S. (2002). The Endowment Effect, Status Quo Bias and Loss Aversion: Rational Alternative Explanation. The Journal of Risk and Uncertainty, 25(1), 87–101.10.1023/A:1016371414952Open DOISearch in Google Scholar

Falk, A., Fehr, E., & Fishbacher, U. (2008). Testing theories of fairness—Intentions matter. Games and Economic Behavior, 62(1), 287-303, https://doi.org/10.1016/j.geb.2007.06.00110.1016/j.geb.2007.06.001Open DOISearch in Google Scholar

Fan, Ch. (2002). Allais paradox in the small. Journal of Economic Behavior & Organization, 49, 411–421, http://dx.doi.org/10.1016/S0167-2681(02)00012-410.1016/S0167-2681(02)00012-4Open DOISearch in Google Scholar

Fehr, E., & Fischbacher, U. (2003). The nature of human altruism. Nature, 425, 785-791. http://dx.doi.org/10.1038/nature0204310.1038/02043Open DOISearch in Google Scholar

Hámori, B. (2003). Érzelemgazdaságtan, Budapest, Kossuth Press.Search in Google Scholar

Hertwig, R., Barron, G., Weber, E. U. & Erev, I. (2004). Decisions from Experience and the Effect of Rare Events in Risky Choice. Psychological Science, 15(8), 534 – 539, https://doi.org/10.1111/j.0956-7976.2004.00715.x10.1111/j.0956-7976.2004.00715.xSearch in Google Scholar

Hofstede, G. (2017). The Hofstede Centre [Online]. Retrieved February 2017 from https://geert-hofstede.comSearch in Google Scholar

Huck, S., & Müller, W. (2012). Allais for all: Revisiting the paradox in a large representative sample. Journal of Risk and Uncertainty, 44(3), 261–293, http://dx.doi.org/1007/s11166-012-9142-810.1007/s11166-012-9142-8Search in Google Scholar

Maletič, D., Maletič, M., Al-Najjar, B., Gotzamani, K., Gianni, M., Kalinowski, T., B. & Gomišček, B. (2017). Contingency Factors Influencing Implementation of Physical Asset Management Practices. Organizacija, 50, 3-16, http://dx.doi.org/10.1515/orga-2017-000310.1515/orga-2017-0003Open DOISearch in Google Scholar

Kádár, B. & Reicher, R. Z. (2016). Education Supported by SME vs. SME Supported by Education. Proceedings of FIKUSZ 2016 Budapest, 73-79.Search in Google Scholar

Khalil, E. L. (2015). Temptations as Impulsivity: How far are Regret and Allais Paradox from Shoplifting? Economic Modelling, 51, 551-559, http://dx.doi.org/10.1016/j.econmod.2015.09.01610.1016/j.econmod.2015.09.016Open DOISearch in Google Scholar

Kolnhofer-Derecskei, A., & Nagy, V. (2017). Comparing risk definitions giving by Hungarian and Belgian Bachelor Students. Thinking together. In Press.Search in Google Scholar

Kolnhofer-Derecskei, A., & Nagy, V. (2016). Under Risk. Proceedings of FIKUSZ ’16 Symposium for Young Researchers, 161-172. Retrieved February 2017 from https://kgk.uni-obuda.hu/sites/default/files/16_Derecskei_Nagy.pdfSearch in Google Scholar

Kolnhofer-Derecskei, A. (2017). How would you decide on behalf of your friend? Takács, I. (Eds). Management, Enterprise and Benchmarking in the 21 st century “Global challenges, local answers” Budapest, Obuda University. 195-205. Retrieved July 2017 from http://kgk.uni-obuda.hu/publikaciok/management-enterprise-benchmarking-IVSearch in Google Scholar

Oliver, A. (2003). A quantitative and qualitative test of the Allais paradox using health outcomes. Journal of Economic Psychology, 24, 35-48, http://dx.doi.org/10.1016/S0167-4870(02)00153-810.1016/S0167-4870(02)00153-8Open DOISearch in Google Scholar

Palmer, C. J., Paton, B., Ngo, T. T., Thomson, R. H., Hohwy, J., & Miller, S., M. (2013). Individual Differences in Moral Behaviour: A Role for Response to Risk and Uncertainty? Neuroethics, 6, 97-103, http://dx.doi.org/10.1007/s12152-012-9158-410.1007/s12152-012-9158-4Open DOISearch in Google Scholar

Reb, J., & Conolly, T. (2007). Possession, feelings of ownership and the endowment effect. Judgment and Decision Making, 2(2), 107–114.10.1017/S1930297500000085Search in Google Scholar

Robison, L. J., Shupp, R. S., & Myers, R. J. (2010). Expected Utility Paradoxes. The Journal of Socio-Economics, 39, 187-193, http://dx.doi.org/10.1016/j.socec.2009.12.00510.1016/j.socec.2009.12.005Open DOISearch in Google Scholar

Ross, S., A. (1973). The Economic Theory of Agency: The Principal’s Problem. American Economic Review, 63(2), 134-39. Retrieved February 2017 from http://www.jstor.org/stable/1817064?origin=JSTOR-pdfSearch in Google Scholar

Simon, H. (1971). Designing Organizations for an Information-rich World. In Greenberger, M. (Eds.) Computers, Communications and the Public Interest. The Johns Hopkins Press, pp. 38-72.Search in Google Scholar

Simon, H. (1978). Rational Decision-Making in Business Organization. Nobel Memorial Lecture. 8^th of December 1978.Search in Google Scholar

Small, D., & Loewenstein, G. (2003). Helping a Victim or Helping the Victim: Altruism and Identifiability. The Journal of Risk and Uncertainty, 26(1), 5–16.10.1023/A:1022299422219Open DOISearch in Google Scholar

Thaler, R. H. (1980). Toward a Positive Theory of Consumer Choice. Journal of Economic Behavior & Organization 1(1), 39-60, http://dx.doi.org/10.1016/0167-2681(80)90051-710.1016/0167-2681(80)90051-7Open DOISearch in Google Scholar

Tversky, A., & Kahneman, D. (1974). Judgement under Uncertainty: Heuristics and Biases. Science, New Series, Vol. 185, No. 4157. (Sep. 27, 1974), pp. 1124-1131, http://links.jstor.org/sici?sici=0036-8075%2819740927%293%3A185%3A4157%3C1124%3AJUUHAB%3E2.0.CO%3B2-MSearch in Google Scholar

Van de Kuilen, G. & Wakker, P. P. (2006). Learning in the Allais paradox. Journal of Risk and Uncertainty. 33(3), 155–164, http://dx.doi.org/10.1007/s11166-006-0390-310.1007/s11166-006-0390-3Open DOISearch in Google Scholar

Wu, G. & Gonzales, R. (1998). Common Consequence Conditions in Decision Making under Risk. Journal of Risk and Uncertainty, 16, 115–139.10.1023/A:1007714509322Open DOISearch in Google Scholar

Zoltay Paprika, Z., & Nagy, V. (2012). Assessment of Creativity on the Job Market. Procedia Economics and Finance, 3, 166-181, http://dx.doi.org/10.1016/S2212-5671(12)00136-010.1016/S2212-5671(12)00136-0Open DOISearch in Google Scholar