{"id":"https://openalex.org/W2010659197","doi":"https://doi.org/10.1016/j.econlet.2013.04.037","title":"House money effects, risk preferences and the public goods game","display_name":"House money effects, risk preferences and the public goods game","publication_year":2013,"publication_date":"2013-05-09","ids":{"openalex":"https://openalex.org/W2010659197","doi":"https://doi.org/10.1016/j.econlet.2013.04.037","mag":"2010659197"},"language":"en","primary_location":{"id":"doi:10.1016/j.econlet.2013.04.037","doi":"https://doi.org/10.1016/j.econlet.2013.04.037","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.econlet.2013.04.037","pdf_url":"https://www.sciencedirect.com/science/article/pii/S0165176513002152/pdf","source":{"id":"https://openalex.org/S36178057","display_name":"Economics Letters","issn_l":"0165-1765","issn":["0165-1765","1873-7374"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economics Letters","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://www.sciencedirect.com/science/article/pii/S0165176513002152/pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5023394414","display_name":"Jing Lin","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I149899117","display_name":"Max Planck Society","ror":"https://ror.org/01hhn8329","country_code":"DE","type":"nonprofit","lineage":["https://openalex.org/I149899117"]},{"id":"https://openalex.org/I154099455","display_name":"Shandong University","ror":"https://ror.org/0207yh398","country_code":"CN","type":"education","lineage":["https://openalex.org/I154099455"]},{"id":"https://openalex.org/I4210136328","display_name":"Max Planck Institute for Behavioral Economics","ror":"https://ror.org/02x1q2477","country_code":"DE","type":"facility","lineage":["https://openalex.org/I149899117","https://openalex.org/I4210136328"]}],"countries":["CN","DE"],"is_corresponding":false,"raw_author_name":"Lin Jing","raw_affiliation_strings":["Center for Economic Research, Shandong University, 27 Shanda Nanlu, 250100, China","Max Planck Institute for Research on Collective Goods, Max Planck Society"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Center for Economic Research, Shandong University, 27 Shanda Nanlu, 250100, China","institution_ids":["https://openalex.org/I154099455"]},{"raw_affiliation_string":"Max Planck Institute for Research on Collective Goods, Max Planck Society","institution_ids":["https://openalex.org/I149899117","https://openalex.org/I4210136328"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5011160728","display_name":"Roland Cheo","orcid":"https://orcid.org/0000-0001-5654-2624","observed_orcids":["https://orcid.org/0000-0001-5654-2624"]},"institutions":[{"id":"https://openalex.org/I154099455","display_name":"Shandong University","ror":"https://ror.org/0207yh398","country_code":"CN","type":"education","lineage":["https://openalex.org/I154099455"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Roland Cheo","raw_affiliation_strings":["Center for Economic Research, Shandong University, 27 Shanda Nanlu, 250100, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Center for Economic Research, Shandong University, 27 Shanda Nanlu, 250100, China","institution_ids":["https://openalex.org/I154099455"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5011160728"],"corresponding_institution_ids":["https://openalex.org/I154099455"],"apc_list":{"value":3030,"currency":"USD","value_usd":3030},"apc_paid":{"value":3030,"currency":"USD","value_usd":3030},"fwci":1.3155,"has_fulltext":true,"cited_by_count":11,"citation_normalized_percentile":{"value":0.85554946,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":95},"biblio":{"volume":"120","issue":"2","first_page":"310","last_page":"313"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.6753000020980835,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.6753000020980835,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.3244999945163727,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/house-money-effect","display_name":"house money effect","score":0.9919999837875366},{"id":"https://openalex.org/keywords/risk-preferences","display_name":"risk preferences","score":0.9419999718666077},{"id":"https://openalex.org/keywords/public-goods-game","display_name":"public goods game","score":0.996999979019165},{"id":"https://openalex.org/keywords/framing-effects","display_name":"framing effects","score":0.871999979019165},{"id":"https://openalex.org/keywords/loss-aversion","display_name":"loss aversion","score":0.8669999837875366},{"id":"https://openalex.org/keywords/gain-and-loss-framing","display_name":"gain and loss framing","score":0.6690000295639038},{"id":"https://openalex.org/keywords/voluntary-contributions","display_name":"voluntary contributions","score":0.43799999356269836}],"concepts":[{"id":"https://openalex.org/C2778174566","wikidata":"https://www.wikidata.org/wiki/Q2874240","display_name":"Loss aversion","level":2,"score":0.7934467792510986},{"id":"https://openalex.org/C169087156","wikidata":"https://www.wikidata.org/wiki/Q2131593","display_name":"Framing (construction)","level":2,"score":0.7165687084197998},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6815372109413147},{"id":"https://openalex.org/C136714292","wikidata":"https://www.wikidata.org/wiki/Q1440683","display_name":"Framing effect","level":3,"score":0.6312129497528076},{"id":"https://openalex.org/C174064186","wikidata":"https://www.wikidata.org/wiki/Q358063","display_name":"Deadweight loss","level":3,"score":0.6023094654083252},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5479211807250977},{"id":"https://openalex.org/C162222271","wikidata":"https://www.wikidata.org/wiki/Q92779871","display_name":"Public good","level":2,"score":0.5461869835853577},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3759442865848541},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.1520356833934784},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.14933329820632935},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.09008345007896423},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C2781310500","wikidata":"https://www.wikidata.org/wiki/Q1231428","display_name":"Persuasion","level":2,"score":0.0},{"id":"https://openalex.org/C66938386","wikidata":"https://www.wikidata.org/wiki/Q633538","display_name":"Structural engineering","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.econlet.2013.04.037","doi":"https://doi.org/10.1016/j.econlet.2013.04.037","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.econlet.2013.04.037","pdf_url":"https://www.sciencedirect.com/science/article/pii/S0165176513002152/pdf","source":{"id":"https://openalex.org/S36178057","display_name":"Economics Letters","issn_l":"0165-1765","issn":["0165-1765","1873-7374"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economics Letters","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:ecolet:v:120:y:2013:i:2:p:310-313","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0165176513002152","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:escidoc.org:escidoc:2195420","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/11858/00-001M-0000-0028-7441-8","pdf_url":null,"source":{"id":"https://openalex.org/S7407052962","display_name":"Max Planck Digital Library","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210088280","host_organization_name":"Max Planck Digital Library","host_organization_lineage":["https://openalex.org/I4210088280"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:pure.mpg.de:item_2195420","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/11858/00-001M-0000-0028-7441-8","pdf_url":null,"source":{"id":"https://openalex.org/S4306400654","display_name":"MPG.PuRe (Max Planck Society)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I149899117","host_organization_name":"Max Planck Society","host_organization_lineage":["https://openalex.org/I149899117"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Economics Letters","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.1016/j.econlet.2013.04.037","doi":"https://doi.org/10.1016/j.econlet.2013.04.037","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.econlet.2013.04.037","pdf_url":"https://www.sciencedirect.com/science/article/pii/S0165176513002152/pdf","source":{"id":"https://openalex.org/S36178057","display_name":"Economics Letters","issn_l":"0165-1765","issn":["0165-1765","1873-7374"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economics Letters","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2010659197.pdf","grobid_xml":"https://content.openalex.org/works/W2010659197.grobid-xml"},"referenced_works_count":10,"referenced_works":["https://openalex.org/W1832381054","https://openalex.org/W2024869648","https://openalex.org/W2061956989","https://openalex.org/W2069281880","https://openalex.org/W2133469585","https://openalex.org/W2171934214","https://openalex.org/W3011865677","https://openalex.org/W3121383482","https://openalex.org/W3125353710","https://openalex.org/W3125571857"],"related_works":["https://openalex.org/W4313324153","https://openalex.org/W2095287554","https://openalex.org/W7098465548","https://openalex.org/W1595516900","https://openalex.org/W628316186","https://openalex.org/W2024869648","https://openalex.org/W7134387490","https://openalex.org/W1894028048","https://openalex.org/W2298625352","https://openalex.org/W1560028898"],"abstract_inverted_index":{"This":[0,63],"paper":[1,50],"investigates":[2],"whether":[3],"risk":[4],"preferences":[5],"inform":[6],"the":[7,15,19,24,34,42,53,69,78,97,106],"decision":[8],"of":[9,48,71],"how":[10],"much":[11],"to":[12,82],"put":[13],"into":[14,73],"public":[16,20],"account":[17],"in":[18,108],"goods":[21],"game":[22],"under":[23],"three":[25],"different":[26],"frames":[27],"(the":[28],"two":[29],"house":[30,98],"money":[31,99],"effect":[32,100],"frames:":[33],"standard":[35],"and":[36,56,112],"covered-loss":[37],"frames,":[38],"as":[39,41],"well":[40],"real-loss":[43],"frame).":[44],"The":[45],"main":[46],"contribution":[47],"this":[49],"finds":[51],"that":[52,66,96],"covered":[54],"loss":[55,58,72,86,113,116],"real":[57,85],"treatments":[59],"are":[60],"statistically":[61],"equivalent.":[62],"assures":[64],"researchers":[65],"just":[67],"introducing":[68],"notion":[70],"an":[74],"experimental":[75,91],"treatment":[76],"without":[77],"need":[79],"for":[80,105],"participants":[81],"realize":[83],"a":[84,89,102],"is":[87,101],"still":[88],"valid":[90],"instrument.":[92],"We":[93],"also":[94],"find":[95],"better":[103],"explanation":[104],"difference":[107],"contributions":[109],"between":[110],"gain":[111],"framing":[114],"than":[115],"aversion.":[117]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":2}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-06-24T00:00:00"}
