Does risk aversion or attraction depend on income? An experiment

Does risk attitude (aversion or attraction) vary with the level of the income at risk? About half of our subjects chose to insure all levels, whereas another half chose instead not to insure low levels, but to insure high levels.

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Year of publication:	1999-02
Authors:	Bosch-Domènech, Antoni ; Silvestre, Joaquim
Institutions:	Department of Economics and Business, Universitat Pompeu Fabra
Subject:	Experimental economics \| risk aversion \| risk attraction \| income risks \| Leex

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Extent:	application/pdf
Series:	Economics Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Classification:	C9 - Design of Experiments ; D8 - Information and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005772015